{"id":86793,"date":"2023-12-14T00:07:58","date_gmt":"2023-12-14T05:07:58","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=86793"},"modified":"2023-12-14T00:38:10","modified_gmt":"2023-12-14T05:38:10","slug":"etsy-stock-falls-after-company-lays-off-11-of-its-staff-citing-very-challenging-environment","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/12\/2023\/etsy-stock-falls-after-company-lays-off-11-of-its-staff-citing-very-challenging-environment.html","title":{"rendered":"Etsy stock falls after company lays off 11% of its staff, citing \u2018very challenging\u2019 environment"},"content":{"rendered":"\n<p>(CNBC) <a href=\"https:\/\/www.cnbc.com\/quotes\/ETSY\/\">Etsy<\/a> is laying off 11% of its workforce at the height of the holiday season as the e-commerce giant looks to restructure its business and streamline costs against a \u201cvery challenging\u201d macro and competitive environment, the company announced Wednesday.\u00a0 Approximately 225 employees will be cut from Etsy\u2019s workforce.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2023\/12\/13\/etsy-laying-off-11percent-of-staff-citing-competitive-environment.html\">To read this article:\u00a0<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Etsy is laying off 11% of its workforce at the height of the holiday season as the e-commerce giant looks to restructure its business and streamline costs against a \u201cvery challenging\u201d macro and competitive environment, the company announced Wednesday.\u00a0 [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-86793","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/86793","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=86793"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/86793\/revisions"}],"predecessor-version":[{"id":86794,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/86793\/revisions\/86794"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=86793"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=86793"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=86793"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}