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News
The Trade Desk to cut 15% of workforce amid restructuring
1+ week, 3+ day ago (275+ words) CEO Jeff Green frames the 575-person layoff as a push for agility, but the company's slowest revenue growth since COVID tells a more complicated story. The Trade Desk is eliminating roughly 575 jobs, about 15% of its global workforce, in what amounts…...
Etsy lays off 12% of workforce as part of restructuring plan - AOL
1+ mon, 3+ day ago (288+ words) (Corrects last paragraph to reflect that Etsy is reporting results on Wednesday, not Thursday) NEW YORK, NY, Aug 5 (Reuters) - Crafting marketplace Etsy Inc. is laying off approximately 220 employees, or 12% of its workforce, as part of a restructuring plan it hopes…...
Why is Etsy Cutting 220 Jobs Despite Rising Sales? The Layoffs, AI Questions and the Bigger Tech Reset Explained
1+ mon, 6+ day ago (371+ words) Open Magazine Marketplace sales are improving Customers are spending more Yet Etsy is cutting 220 jobs, or about 12% of its workforce The online marketplace says the layoffs are about becoming faster and more efficientâÂÂnot about saving money or replacing…...
Etsy Announces Layoffs after $1.4 Billion Infusion in Cash
1+ mon, 1+ week ago (352+ words) Etsy is laying off 200 employees, announcing the cuts just 6 days after receiving $1.4 billion in cash from eBay for the sale of Depop. Etsy notified employees in a letter on August 5, the same day it shared its second-quarter performance that saw…...
Etsy Cuts 220 Jobs to Streamline Product, Engineering Teams
1+ mon, 1+ week ago (300+ words) In a message to employees, the CEO said Etsy is redesigning its organizational structure to remove complexity and create smaller, more agile teams. She noted that the company has grown significantly over the years, leading to overlapping responsibilities and slower…...
Etsy lays off 12% of workforce as part of restructuring plan
1+ mon, 1+ week ago (263+ words) NEW YORK (Aug 6): Crafting marketplace Etsy Inc is laying off approximately 220 employees, or 12% of its workforce, as part of a restructuring plan it hopes will "improve coordination and speed of decision-making," the company said in a US Securities and Exchange…...
Etsy to cut 12% of workforce despite strong quarterly results
1+ mon, 1+ week ago (324+ words) Etsy will lay off about 220 employees, or roughly 12% of its workforce, as the online marketplace restructures its organization to speed decision-making and support long-term growth, even after reporting stronger-than-expected second-quarter results. The job cuts will primarily affect the company’s product…...
Etsy to cut 220 jobs as CEO reshapes organisation
1+ mon, 1+ week ago (380+ words) Etsy is laying off around 220 employees, or nearly 12 per cent of its workforce, as the online marketplace restructures its organisation to speed up decision-making and execution. The layoffs, announced alongside the company’s second-quarter earnings, will primarily affect employees in the…...
Etsy lays off 12 percent of workforce | Jefferson City News-Tribune
1+ mon, 1+ week ago (251+ words) NEW YORK -- Crafting marketplace Etsy Inc. is laying off approximately 220 employees, or 12 percent of its workforce, as part of a restructuring plan it hopes will "improve coordination and speed of decision-making," the company said in a U.S. Securities and Exchange Commission…...