Etsy lays off 225 workers after ‘essentially flat’ sales, says CEO | Business::Staff notified via livestream Wednesday by Josh Silverman, who acknowledged ‘unfortunate’ timing during holiday season
Etsy lays off 225 workers after ‘essentially flat’ sales, says CEO | Business::Staff notified via livestream Wednesday by Josh Silverman, who acknowledged ‘unfortunate’ timing during holiday season
This is one of those sites I have a love-hate relationship with. It used to be much better when it started, with actual people selling actual homemade items.
These days, there’s a lot of dropshipping shit on there, sold for way higher prices. There’s also people who run their shop like a full on commercial business. All of this means that it’s harder to find the actual, honestly handmade stuff by individual users.
I’m also not a fan of the current tax hassle they’ve got going where they collect European sales tax in advance. It was a headache when I ordered a thing and got taxed twice (refunded by seller, thankfully).
“refunded by seller” is probably why the sales have flat lined.
Its really difficult to make money with all the charges and fees one has to pay in order to sell there besides being forced to refund or else threatened with bad reviews