Form 8-K ETSY INC For: Dec 12
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Etsy (ETSY) shares slide after announcing 11% workforce reduction, says trajectory unsustainable
December 13, 2023 12:43 PM ESTEtsy (NASDAQ: ETSY) shares fell sharply today after the company announced a plan to cut 11% of its workforce. The news comes as the online marketplace looks to streamline its business in a challenging macro environment.
The layoffs of around 225 employees are expected to cost the company around $25 million to $30 million, largely made up of cash expenditures consisting of severance payments,... More
