Black And White news and trends

Etsy Announces New CEO, Job Cuts Due To Slowing Sales

May 03, 2017
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Etsy Announces New CEO, Job Cuts Due To Slowing Sales

May 03, 2017
Etsy announced it has replaced its CEO and is cutting 8 percent of its job force in an attempt to cope with slowing sales. According to Bloomberg Technology, the online retailer’s shares fell as much as 21 percent after the announcement, which named director Josh Silverman as its new chief executive officer, replacing Chad Dickerson. Dickerson, […]