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Etsy laying off 12% of staff in bid to streamline business, position for growth
Etsy is laying off 12% of its staff to streamline operations and position the company for growth. The layoffs were announced alongside the company's second-quarter earnings report.
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Adjacent reporting
- Companies laying off staff this year include Meta, Amazon, and Groupon — see the list
- Why Meta is laying off 10% of its workforce
- Snap is laying off 16 percent of its staff as it leans into AI
- Meta will lay off 10% of its staff
- Snap is cutting 1,000 jobs, 16% of its workforce
- Mattel goes through another round of layoffs