Wayfair Restructures Operations, D-Wave Sees Growth, Constellation Brands Misses Targets

Reported about 20 hours ago

Wayfair has initiated a restructuring process by shutting down its operations in Germany and reallocating $111 million, affecting around 730 employees. In contrast, D-Wave reported a significant increase in bookings for fiscal year 2024, expected to exceed $23 million. Meanwhile, Constellation Brands lowered its annual sales forecast and profit range after failing to meet several key third-quarter performance metrics.

Source: YAHOO

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