Numerous people on Facebook and Twitter posted that Wayfair CEO Niraj Shah stepped down after rumors about sex trafficking made waves on the internet, but the rumors are false.
“Breaking News: Wayfair’s CEO just stepped down amid child trafficking allegations,” wrote one Facebook user, in a post that racked up more than 250,000 views in two days. “WAYFAIR CEO STEPS DOWN If you..
VERDICT. False. Wayfair CEO has not stepped down. This article was produced by the Reuters Fact Check team. Read more about our work to fact-check social media posts here.
Wayfair CEO Steps Down, Wayfair CEO Resigns, Wayfair CEO Child Trafficking. The theory had everyone googling and searching for more evidence to stabilize the approach. The hashtag #Wayfair trended on Twitter..
Despite the human trafficking theory being debunked, it has sparked a number of related claims about Wayfair on social media. This particular Facebook post claims Wayfair CEO Niraj Shah has resigned over..
Shah is CEO and co-chairman of Wayfair after co-founding the company with Steve Conine in 2002. The company generated $9.5billion in net revenue for the twelve months ending March 31, 2020, according to..
Shah is CEO and co-chairman of Wayfair after co-founding the company with Steve Conine in 2002. The company generated $9.5billion in net revenue for the twelve months ending March 31, 2020 ...
Instagram's CEO responds to questions about if the app listens to users conversations. Customs and Border Patrol Commissioner John Sanders has stepped down. Wayfair employees are planning a walk ...
When The Wayfair CEO Steps Down We Will See If Their Story Changes. Snopes did not even address the children’s names. They ignored the fact that the same SKUs were duplicated at varying prices with no..
Currently, he is the CEO and co-founder (alongside Steve Conine) of Wayfair, the world’s largest online retailer of houseware, furniture, and other home improvement goods in the United States. The company..
Wayfair’s revenue increased $542.3 million to $1.9 billion in the first quarter of 2019, up 39 percent year over year. The company reported a net loss of $200.4 million.
(Also check: Niraj Shah Wayfair CEO Resigns/Steps Down? Truth or Hoax: Wayfair Child Trafficking Conspiracy Theory.) When we dive more deeply into the incident, Wayfair is among the large businesses of..