01
The Trade Desk plans to cut about 15% of its workforce
Confirmed reporting
The Trade Desk announced an organizational realignment that will eliminate positions and reduce its total workforce by approximately 15%. The company expects to complete most of the plan during the third quarter of 2026 and record $39 million to $51 million in cash restructuring charges.
Candidate interpretation
This is a direct, company-wide stability warning. Some high-priority growth teams may continue hiring, but candidates should not treat an open position as proof that the organization is protected from the reduction or from follow-on changes to reporting lines and workload.