Etsy corporate restructuring and workforce reduction
The developments in this story so far, most recent first.
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· date approximate Development
Etsy laying off 12% of staff in bid to streamline business, position for growth
No separate article for this desk or language yet.
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· date approximate Background
Etsy completed the sale of Depop to eBay for $1.2 billion.
Etsy completed the sale of the Depop marketplace to eBay for $1.2 billion last month. This sale occurred approximately one year after Etsy had acquired the platform for $1.6 billion.
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· date approximate Background
Etsy launched the 'Shop Other Jeffs' advertising campaign.
In June, Etsy Inc. introduced an advertising campaign titled 'Shop Other Jeffs.' The campaign was launched during Amazon's Prime Day to feature 'non-billionaire makers' who shared the name Jeff.
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· date approximate Background
Etsy sold the musical instrument marketplace Reverb.
No separate article for this desk or language yet.