8-KItem 2.05 · Exit/Disposal Costs
Trade Desk to Cut Workforce by 15% and Take Up to $51 Million in Charges
Filed with the SEC on · Summarized by InvestorsBot
The Trade Desk announced on September 3, 2026, a plan to eliminate positions and reduce its workforce by approximately 15%, with the changes substantially completed in the third quarter of 2026. The company expects $39 million to $51 million in cash restructuring and related charges for employee severance and benefits, partly offset by a $4 million to $5 million reversal of stock-based compensation.