how is the TC drop now that the stock is in the toilet? i considered interviewing but im very afraid of that wayfair paper. wonder what jim cramer thinks??
Wayfair was never a good employer. They just made it seem like they were because they recruit at top schools
Feel good that I wasn’t selected During the interview I didn’t get the responses I was looking for from the hiring team either I was on the fence and leaning towards no , even if they gave me the offer
Stock fluctuation is pretty common. It had a good run for a few years and is now flat YoY
W stock fluctuates 3x the market, so when earnings are beat even a bit it goes up drastically, and when we miss earnings in tanks. We knew we weren’t going to be profitable, it’s all due to supply chain investments in Europe and Asia, and tariff squeezes. But with line of sight on profitability, it may suck in the short term but pays off long term. Also TC across bands stays the same, just that new people will join at the $85 shares now, which should help bump up the comp when it bounces back
Do you really believe there is profitability in sight? (Not sarcastic) Why? They've been unprofitable for so log, how will that change? Amazon was different
Yes, there is profitability in the medium term. The stock will bounce more on smaller losses, which is the target since all these investments are starting to pay off for EU operations. US has been profitable already for 5 quarters
My 120 Jan puts on Wayfair paid off!
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It’s been rough. I’d expect the best engineers to leave within the next year.
How much has your tc declined?
@WNEm45 how long have you been at Wayfair? FYI, this is common occurrence and stock drops drastically almost twice a year. So, yawn...