Trade Desk to cut ~15% of workforce; Q3 2026 charges of $39M-$51M

Trade Desk, Inc.

Announced organizational realignment, cutting workforce by approximately 15%.
Estimated cash restructuring charges of $39M-$51M for severance and benefits in Q3 2026.
Stock-based compensation reversal of approximately $4M-$5M offsets part of the charges.
Plan substantially completed during Q3 2026; focused on efficiency and growth alignment.

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