
2 Minutes with Joey - ETSY Stock News
ETSY Today - Aug 06: Workforce Cuts and Layoffs
Hey there! It's Joey, your go-to guy for the daily scoop on stocks. Been investing for a while now, and today we're talking about Etsy. Spoiler alert: it was a rough day for them, down almost 8%. Ouch.<br /><br />So, what went down? Etsy dropped big time after announcing they’re cutting about 12% of their workforce. Yeah, you heard that right. They just posted a solid Q2, but then came the layoffs, which totally caught people off guard. It’s wild because they claimed it’s not a cost-cutting move, but you know how the market is—people didn’t buy that...






