{"id":1027357,"date":"2026-08-08T08:56:48","date_gmt":"2026-08-08T03:26:48","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1027357"},"modified":"2026-08-08T09:24:32","modified_gmt":"2026-08-08T03:54:32","slug":"etsy-cuts-12-of-workforce-indian-american-ceo-says-layoffs-not-driven-by-ai","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/08\/08\/etsy-cuts-12-of-workforce-indian-american-ceo-says-layoffs-not-driven-by-ai\/","title":{"rendered":"Etsy cuts 12% of workforce: Indian-American CEO says layoffs \u2018not driven by AI\u2019"},"content":{"rendered":"<p>The popular crafting marketplace Etsy Inc is laying off 12% of its workforce, approximately 220 employees. According to the company\u2019s US Securities and Exchange Commission filing on Wednesday (US time), the abrupt changes to the employee headcount were prompted by a restructuring plan that seeks to \u201cimprove coordination and speed of decision-making.\u201d <\/p>\n<p>Etsy CEO responds after layoff news <\/p>\n<p>Chief Executive Kruti Patel Goyal, who is of Indian origin, has since shared a message to employees via email, confirming the extent of the impact and severance package details for those affected by the layoffs,<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The popular crafting marketplace Etsy Inc is laying off 12% of its workforce, approximately 220 employees. According to the company\u2019s US Securities and Exchange Commission filing on Wednesday (US time), the abrupt changes to the employee headcount were prompted by a restructuring plan that seeks to \u201cimprove coordination and speed of decision-making.\u201d Etsy CEO responds after layoff news Chief Executive Kruti Patel Goyal, who is of Indian origin, has since shared a message to employees via email, confirming the extent of the impact and severance package details for those affected by the layoffs,<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[63,4,12],"tags":[],"class_list":["post-1027357","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1027357","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1027357"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1027357\/revisions"}],"predecessor-version":[{"id":1027383,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1027357\/revisions\/1027383"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1027357"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1027357"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1027357"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}