Shares of online marketplace Etsy (NASDAQ:ETSY) fell 5.5% in the afternoon session after the company announced a restructuring plan on December 12, 2023, to enhance operational efficiencies, reduce costs, and align its workforce with business priorities. The plan includes an 11% reduction in the marketplace workforce, approximately 225 employees, with estimated charges of $25-30 million expected to be incurred primarily in the fourth quarter of 2023. Additionally, Chief Marketing Officer Ryan Sc