The Trade Desk is eliminating roughly 575 jobs, about 15% of its global workforce, in what amounts to the largest layoff in the company’s history. CEO Jeff Green broke the news to employees on September 3, 2026, describing the move as a structural overhaul rather than a financial emergency.
The Trade Desk’s previous round of layoffs, back in December 2025, trimmed just 39 roles. That’s less than 1% of staff.
What’s actually changing
Green’s explanation centers on reorganizing teams into smaller units he’s calling “pods” and “scrums.” The idea is to break up larger, slower-moving groups into compact teams with more direct ownership over their work.
The cuts take effect September 4, 2026, with affected employees receiving transition support packages. Green shared the announcement both internally and on LinkedIn.
