The Trade Desk to cut 15% of workforce amid restructuring

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The Trade Desk announced the elimination of approximately 575 positions, representing 15% of its global workforce, in what is the largest layoff in the company’s history. CEO Jeff Green presented the restructuring, effective September 4, 2026, as a reorganization into smaller units called « pods » and « scrums » rather than a financial emergency. The company holds $1.5 billion in cash with zero debt, but posted its slowest revenue growth in Q2 2026 since the COVID-19 pandemic. Affected employees will receive transition support packages.

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Telemac
Telemachttp://cryptoinfo.ch
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