Etsy says it will cut ~220 employees, or ~12% of its workforce, mostly in product and engineering, and reports Q2 revenue up 6% YoY to $668.3M, vs. $649.1M est. (Annie Palmer/CNBC)
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Authority
25/20
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5-Axis Cultural Radar
Annie Palmer / CNBC : Etsy says it will cut ~220 employees, or ~12% of its workforce, mostly in product and engineering, and reports Q2 revenue up 6% YoY to $668.3M, vs. $649.1M est. — Etsy said Wednesday it's laying off about 220 employees, or roughly 12% of its workforce, as the online marketplace looks …

