# Etsy lays off 11% of staff

**URL:** https://sellersasksellers.com/t/etsy-lays-off-11-of-staff/2931
**Category:** Etsy
**Tags:** handmade, etsy
**Created:** [December 14, 2023, 11:07pm UTC](https://sellersasksellers.com/t/etsy-lays-off-11-of-staff/2931 "2023-12-14T23:07:02Z")
**Posts on this page:** 1
**Showing post:** 8

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### Author: ![wadeorcas](https://sellersasksellers.com/user_avatar/sellersasksellers.com/wadeorcas/32/6762_2.png) [@wadeorcas](https://sellersasksellers.com/u/wadeorcas)
#### Post date: [December 15, 2023, 2:13am UTC](https://sellersasksellers.com/t/etsy-lays-off-11-of-staff/2931/8 "2023-12-15T02:13:45Z")

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> [@\[CNBC\] Amazon courts sellers at China summit as Temu and Shein gain momentum](https://sellersasksellers.com/t/cnbc-amazon-courts-sellers-at-china-summit-as-temu-and-shein-gain-momentum/2932/5):
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> [Etsy](https://www.cnbc.com/quotes/ETSY/) CEO Josh Silverman acknowledged at an investor event earlier this month that Temu and Shein are “taking a little bit of share from everyone.”

And MakerPlace. I’ve always done great 4th qtr on Etsy but this year I’m 44% down. MakerPlace beat last year Etsy 4th qtr in the last 30 days. I know that is far from the experience of many if not most MakerPlace sellers but it shows there are a lot of pie slicers. And don’t forget TikTok (even though I had to look up how it was spelled).

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