Name: Wayfair (W) & Macy’s (M) Announce Workforce Cuts
Uploaded: 2024-01-19T17:58:49.364
Duration: 5 min 35 s

Join host Ben Lichtenstein as he examines the latest developments in the futures markets live. This show uses charts and technical analysis to break down commodities trading and explore trading trends. Guest contributors also make appearances, sharing their insights on futures trading as it relates to market events.

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The Watch List with Nicole Petallides offers investors a midday look at the most relevant stocks, sectors and commodities. Petallides hosts a panel of experts ranging from industry-leading CEOs, analysts and Wall Street influencers to discuss pressing topics moving the market in real-time. The Watch List provides viewers with a midpoint status update for the end of the trading day and beyond.

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Wrap up your trading day with Oliver Renick as he gives a live recap of the day's top stories and market movers, then look ahead to tomorrow's expectations and upcoming events.

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Market Overtime takes a break from the day-to-day news cycle and explores global financial trends with veteran investors and leading market minds. The show is a conversation looking at what is driving headlines globally, and what these trends mean for markets, the economy, and your financial future. What are the stories that will impact your portfolio for the next year, next decade and beyond? Tune in to Market Overtime to get a new perspective on investing.

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Wayfair (W) announced workforce cuts. Wayfair plans to cut 1,650 employees, 13% of its global workforce and 19% of its corporate team. Renita Young discusses this as Wayfair job cuts will save around $280M. Wayfair expects to incur $70M-$80M of costs from job cuts. Young also talk about how Macy’s (M) is to cut about 3.5% of its workforce and close five stores. Tune in to find out more about the stock market today.

Wayfair (W) & Macy’s (M) Announce Workforce Cuts

Expert commentary about top moving stocks, sectors, and commodities, along with CEO and analyst interviews.