Etsy Layoffs: E-Commerce Company to Let Go 11% Staff, Says Report
Etsy, the e-commerce giant, said on Wednesday that it will slash 11% of its staff, or about 225 people, to reorganise its business and reduce costs.
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Etsy, the e-commerce giant, said on Wednesday that it would slash 11% of its staff, or about 225 people, to reorganise its business and reduce costs, CNBC reported. The Etsy layoff will leave the core marketplace with about 1,770 employees, close to its headcount in early 2022 and higher than 2020 levels. Tech Layoffs To Continue! Around 555 Techies Being Fired Daily for Past Two Years, More Job Cuts Set To Happen in India and Abroad.
Etsy Layoffs
BREAKING: Etsy is laying off 11% of its workforce at the height of the holiday season - CNBC
— Insider Paper (@TheInsiderPaper) December 13, 2023
(The above story first appeared on LatestLY on Dec 13, 2023 10:27 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).
