Daily Market Updates: Etsy to cut 12% of staff as it reports second-quarter results

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At close · Tue, Aug 4, 2026

Earnings

Home›Earnings›Results›Etsy to cut 12% of staff as it reports second-quarter…

Etsy to cut 12% of staff as it reports second-quarter results

The company announced the layoffs alongside its second-quarter earnings.

Reported · Written up by our desk · Results

Etsy said it will lay off 12% of its staff as part of a plan to streamline its business and position the company for growth, CNBC Markets reports.

The layoffs were announced together with Etsy's second-quarter earnings.

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Sources

CNBC MarketsEtsy laying off 12% of staff in bid to streamline business, position for growth

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