Etsy posts strong second quarter, then cuts 12% of workforce; CEO Kruti Patel Goyal says layoffs aren't dr
The Economic Times
Etsy reported strong second-quarter financial results while simultaneously reducing its global workforce by approximately twelve percent, primarily affecting employees in Product and Engineering. CEO Kruti Patel Goyal clarified that this restructuring was not driven by cost-cutting measures or the adoption of artificial intelligence. The move comes less than a year after she assumed leadership from Josh Silverman.
All articles from 7 August 2026. Summaries are AI-generated and may contain errors; the linked article is the authority.