Etsy Cuts 11% of Headcount as Competition From Shein and Temu Mounts - The Information
theinformation.comSubmitted by theinformation6878 in business
Etsy is laying off roughly 11% of its workforce, a spokesperson confirmed, as the e-commerce site that helps small businesses sell handmade goods grapples with a slowdown in consumer spending and increased competition from competitors like Shein and Temu. The…