TTD ▲ +3.3% - The Trade Desk, Inc. $TTD TO CUT ~15% OF WORKFORCE The Trade Desk is restructuring to shift resources toward higher-priority growth areas and improve operating efficiency. The cuts are expected to be substantially completed in Q3, with $39M-$51M in cash restructuring charges, mainly severance and benefits. The company also expects a ~$4M-$5M reversal of stock-based compensation. The Trade Desk rose 3.3% after announcing a workforce reduction of approximately 15% as part of a restructuring aimed at reallocating resources toward higher-priority growth initiatives and improving operating efficiency. The company expects restructuring charges of $39M–$51M in Q3, primarily for severance and benefits, along with a $4M–$5M reversal of stock-based compensation, suggesting investors viewed the efficiency measures as a positive step toward profitability. 04-SEP-2026 06:27 AM ET