OfferUp Conducts Layoffs to Simplify Marketplace and Focus on Local Experience Amid Growth Plans

OfferUp, a Seattle-based used goods marketplace, is conducting another round of layoffs to simplify its business and focus on local user-to-user experiences, less than a year after cutting 22% of its staff. CEO Todd Dunlap highlighted changes including downplaying shipping, modernizing the app, and increasing marketing spend to maintain profitability and invest in growth.

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