Trade Desk to cut about 15% of workforce, shares rise
04/09/2026 11:17
BUZZ-Trade Desk to cut about 15% of workforce, shares rise ** Advertising tech firm Trade Desk's TTD.O shares rise 2.7% to $15.50 premarket
** Co says it will lay off ~15% of its employees in Q3 2026
** Estimates cash restructuring charges of $39 mln-$51 mln for severance, benefits and related costs
** Co had 3,843 full-time employees as of December 31, 2025
** Up to last close, shares down 60.3% YTD
(Reporting by Anhata Rooprai in Bengaluru)