Etsy plans to lay off 11% of its workforce, or ~225 employees, as the e-commerce marketplace grapples with slow consumer spending and increased competition (The Information)

The Information:

Etsy plans to lay off 11% of its workforce, or ~225 employees, as the e-commerce marketplace grapples with slow consumer spending and increased competition  —  Etsy is laying off roughly 11% of its workforce, a spokesperson confirmed, as the e-commerce site that helps small businesses sell …