Junkification and competition that is fierce a tough path ahead

Remember when we wrote that Spotify’s latest layoffs make sense? Well, we feel the same about Etsy’s announcement that it would lay off 11% of its workforce.

This is not us being callous with employees affected by these layoffs, or making excuses for what led the marketplace that is NASDAQ-listed that point and just what could very well have now been avoided. Our company is simply stating that that isn’t a lot of a shock.


The Exchange explores startups, areas and cash.

Read it every on For Millionaires+ or get The Exchange newsletter every Saturday.reportedThe morning company’s fourth-quarter assistance had been a tell; it offers today updated it more, informing people to anticipate its “gross product product sales to decrease between 1% and 2% throughout the duration through the year-ago one-fourth and income to improve between 2% and 3%,” CNBC

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But more than quantitative, Etsy’s challenge is qualitative.(*)