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The Trade Desk cuts 15% of workforce in company restructuring

CEO Jeff Green says the adtech firm will reorganize into smaller teams following slowing revenue growth and high executive turnover.

The short version

  • The Trade Desk is eliminating 15% of its workforce, a reduction expected to impact more than 500 employees.
  • CEO Jeff Green told staff the cuts will support a reorganization into smaller, more focused pods and scrums.
  • The downsizing follows a 70% share decline over the past year, slowing quarterly revenue growth, and substantial leadership turnover.
  • The company maintains it has roughly $1.5 billion in cash and no debt as it attempts to counter rising competition from rivals like Amazon.

Key facts

  • The Trade Desk announced it is laying off 15% of its workforce, impacting an estimated 500-plus employees based on its late-2025 headcount of 3,843.[Business Insider]
  • CEO Jeff Green stated the layoffs are part of a restructuring to organize the business into smaller pods and scrums with sharper focus.[Business Insider]
  • The company reported 3% year-over-year revenue growth in its latest quarterly results and fell short of Wall Street earnings forecasts.[Business Insider]
  • The Trade Desk's stock has declined approximately 70% over the trailing year and nearly 90% from its late-2024 peak.[Business Insider]
  • The firm has experienced significant turnover among its leadership, losing its CFO, CRO, CSO, CMO, and four board members before bringing in several replacements.[Business Insider]
  • According to Green, the company holds around $1.5 billion in cash with no outstanding balance-sheet debt.[Business Insider]

What remains uncertain

  • The exact timing and departmental distribution of the job reductions have not been detailed beyond the overall 15% figure.[Business Insider]

Sources

Outlet counts describe coverage, not independent confirmation. Reports may share a wire service or original source.