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Barchart
Barchart
Wajeeh Khan

ETSY Stock Layoffs: What to Know About the Latest Etsy Job Cuts

Etsy (ETSY) opened in the red on Aug. 6 as investors reacted cautiously to the firm’s decision to cut jobs despite posting better-than-expected Q2 results.

In its press release, the online marketplace said it’s laying off about 12% of its workforce, which would eliminate about 220 roles in total, primarily in the product and engineering divisions.

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