The Trade Desk CEO Jeff Green announced on a Thursday that the company is laying off 15% of its total head count. ^[1] The Trade Desk announced on September 3, 2026 that it will cut approximately 15% of its global workforce, affecting roughly 575 employees across more than 21 countries, as part of a company-wide organizational restructuring. ^[2] The announcement follows a quarterly performance report where revenue grew by just 3% year-on-year and the company missed Wall Street earnings expectations. ^[3] The layoffs are estimated to affect more than 500 staffers, based on a February financial filing showing 3,843 full-time employees as of December 31, 2025. ^[4] The restructuring plan aims to reorganize the company into smaller pods and scrums to achieve greater focus. ^[5] Jeff Green, CEO of The Trade Desk, said on September 3, 2026 that the workforce reduction is a strategic pivot toward smaller, more agile teams rather than a response to financial pressure, citing the company's approximately $1.5 billion cash position and zero debt. ^[6] The Trade Desk disclosed in an SEC 8-K filing on September 3, 2026 expected cash restructuring charges of $39 million to $51 million, primarily for severance and employee benefits, partially offset by a $4 million to $5 million reversal in stock-based compensation costs. ^[7] The Trade Desk said the restructuring is expected to be substantially completed during the third quarter of 2026, with resources redirected to connected television and AI-driven advertising technology. ^[8]