The Trade Desk Cuts 15% of Its Workforce as Revenue Decline Looms

CEO Jeff Green told staff on 3 September that The Trade Desk would shed about 15% of its 3,843-person global workforce — roughly 575 jobs — effective the next day, reorganising remaining teams into smaller pods. Q2 revenue grew just 3% to $715 million and Q3 guidance of at least $650 million implies a 12% year-on-year drop, the first decline in the DSP's history as a public company, though Green points to $1.5 billion in cash and no debt.