Etsy is cutting 12% of its staff. It just beat forecasts and launched a $2bn buyback
Etsy beat Wall Street on revenue, raised its outlook, and told investors it would buy back $2bn of its own shares. Then it said it was cutting 12% of its staff. The craft marketplace announced a restructuring on Wednesday that removes roughly 220 roles, most of them in product and engineering, CNBC reported. That leaves […]<br /> This story continues at The Next Web [...]
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