Etsy slashes workforce by 12%, laying off 220
· retaildive.com
CEO Kruti Patel Goyal said neither cost cuts nor artificial intelligence drove the downsizing, but also said that “AI is changing how all of us work.”
Dive Brief:
Etsy will lay off about 220 people, roughly 12% of its workforce, according to a letter to shareholders published Wednesday.
In a memo to employee...