Etsy plans to lay off 11% of its workforce, or ~225 employees, as the e-commerce marketplace grapples with slow consumer spending and increased competition (Theo Wayt/The Information)

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Theo Wayt / The Information:

Etsy plans to lay off 11% of its workforce, or ~225 employees, as the e-commerce marketplace grapples with slow consumer spending and increased competition  —  Etsy is laying off roughly 11% of its workforce, a spokesperson confirmed, as the e-commerce site that helps small businesses sell …



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