August 6, 2026Stocks·Bearish·corporate action
Etsy cuts 12% of workforce under new CEO
Etsy announced it is cutting 12% of its workforce, approximately 220 jobs concentrated in product and engineering, as part of a restructuring under its new CEO. The layoffs accompany a second-quarter earnings beat and raised full-year guidance.
Detected & updated continuously · Source: Nebula
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@qz
Etsy is slashing 12% of its workforce as new CEO reshapes the company: The roughly 220 job cuts, concentrated in product and engineering, come alongside a second-quarter earnings beat and raised full-year guidance https://t.co/AE2icoD4qb https://t.co/2lviicCmbP
@BitFinanzas
Etsy despide al 12% de su plantilla para simplificar el negocio y posicionarse para crecer https://t.co/4fkoX0ohtl