π Etsy Cuts 12% of Jobs Amid Restructuring
Etsy has announced significant workforce reductions as part of a major restructuring plan. The company is laying off approximately 12% of its global staff across various departments. This move comes as part of ongoing efforts to optimize operations and improve efficiency moving forward. The restructuring aims to streamline the business model and better align with current market demands. Stakeholders are now watching closely to see how these changes impact the platform's future growth trajectory. π