Etsy: Online marketplace lays off 11% of staff to cut costs
CEO Josh Silverman tells staff the cuts are needed as sales have been "essentially flat" for two years.
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CEO Josh Silverman tells staff the cuts are needed as sales have been "essentially flat" for two years.
Online marketplace Etsy is shedding 225 jobs, about 11% of its workforce, as part of a plan to bring down its costs.
ONLINE marketplace Etsy has come under fire from sellers for putting 75 per cent of their takings on hold for 45 days.Hundreds of small businesses recently got an email from
The online marketplace faced calls from sellers to boycott its site over money being held in reserve.
The online marketplace faced calls from sellers to boycott its site over money being held in reserve.