BUSINESSAug 6 · 12:33 UTCQUARTZCris Tolomia

Etsy is slashing 12% of its workforce as new CEO reshapes the company

Etsy is slashing 12% of its workforce through approximately 220 job cuts, concentrated in product and engineering. These layoffs occur despite the company reporting a second-quarter earnings beat and raising its full-year guidance.

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Etsyorganizationnew CEOtopicproducttopicengineeringtopicsecond-quarter earnings beattopicfull-year guidancetopic

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