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Trade Desk cuts 15% of workforce in strategic reset

The Trade Desk will cut roughly 575 of its 3,843 employees, about 15% of staff. CEO Jeff Green called it a deliberate reallocation, not distress, citing $1.5 billion in cash and no outstanding debt.

Why it matters. Buyers and partners should watch whether the cuts, framed as strategic rather than financial, come with account or product-line changes as The Trade Desk reallocates its remaining headcount.

Signal from exchangewire.com · Sheila Obeng-King · read the original.

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