Trade Desk to cut workforce about 15% in organizational realignment
Reuters2026/09/04 10:05- Trade Desk announced an organizational realignment to focus resources on priority growth areas, improve operating effectiveness, increase agility, scale for long-term growth.
- Plan cuts about 15% of the workforce; actions expected to be substantially completed in Q3 2026.
- Estimated cash restructuring charges of $39 million-$51 million for severance and benefits; partly offset by $4 million-$5 million stock-based compensation reversal.
- Accrual for the charges expected to be recognized in Q3 2026.
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