Retail News

Etsy makes a change at the top

Bloomberg 05/02/2017

Etsy CEO Chad Dickerson is out and board member Josh Silverman has been named to replace him. The artisan marketplace also announced that it is cutting eight percent of its workforce in the face of slowing sales. Black-and-White Capital, a hedge fund with a two percent stake in Etsy, has been pushing the company to either cut costs and accelerate growth or consider a sale.

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