Type
Closure
Country
Germany
Region
Location of affected unit(s)
Sector
Wholesale / Retail
Retail trade
Intermediation service activities for retail sale
47.91 - Intermediation service activities for non-specialised retail sale

100 - 730 jobs
Number of planned job losses
Job loss
Announcement Date
10 January 2025
Employment effect (start)
10 January 2025
Foreseen end date

Description

Online furniture retailer Wayfair has announced to leave the German market due to challenging market conditions in the region.

Whilst it is still unclear how many jobs are affected in Germany, it will be the majority of the 730 jobs that needed to be cut worldwide according to the company WAYFAIR-2025-WO.

Relocation opportunities are open to employees who are willing to move to other locations in the US or the UK. However, all operations in Germany will be terminated.


Sources

Citation

Eurofound (2025), Wayfair, Closure in Germany, factsheet number 202439, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/202439.