Etsy Announces Workforce Reduction of 225 Employees, CEO Cites ‘Unfortunate’ Timing
Etsy, the e-commerce platform specialising in handmade and vintage items, has confirmed the layoff of 225 employees due to what CEO Josh Silverman described as “essentially flat” sales. The staff received the disheartening news through a live stream on Wednesday, with Silverman acknowledging the less-than-ideal timing during the bustling holiday season. The e-commerce giant has … Read more
