Trade Desk to cut about 15% of workforce, shares rise - TTD News | RalliesTrade Desk to cut about 15% of workforce, shares rise
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TTD• Trade Desk announces workforce cut and shares rise
- Advertising tech firm Trade Desk's TTD.O shares rose 2.7% to $15.50 premarket.
- The company said it will lay off about 15% of its employees in Q3 2026.
- It estimated cash restructuring charges of $39 million to $51 million for severance, benefits and related costs.
- The company had 3,843 full-time employees as of December 31, 2025.
- Up to the last close, shares were down 60.3% year to date.
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