Once home to vintage and handmade wonders, Etsy grew into the same dropshipped mass-produced landfill stuffing that everywhere else sells. And now it shrinks, laying off 11% of its workforce days before Christmas.
— Read the restApproximately 225 employees will be cut from Etsy's workforce, which will bring the headcount for the core Etsy marketplace to about 1,770 people, similar to the company's headcount in early 2022 and above 2020 levels.