Trade Desk Shrinks Amid Stock Slide | Durham News

The Trade Desk is slashing 15% of its global workforce — one in seven employees — amid a steep stock plunge and slowing revenue growth, despite boasting $1.5 billion in cash and no debt. CEO Jeff Green calls it a strategic restructuring to build leaner, more agile teams, not a sign of financial distress. The move comes as Amazon tightens its grip on ad tech, intensifying competition. With Q3 revenue projected at $650M, investors are watching closely: will these cuts reignite growth or signal a fundamental shift in the company’s future? Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/21abd73b3d439370