E-commerce platform Etsy (ETSY) is bracing for impact as more than 12,000 sellers go on “strike.” Sellers are placing their shops on “vacation mode” for up to an entire week to protest new company policies that go into effect today, including an increase in transaction fees from 5% to 6.5%.
Etsy strike organizer Kristi Cassidy told Yahoo Finance Live that sellers are “fed up” and hope to gain Etsy’s attention from the movement, which started on Reddit.
Demands include cancelling the fee…
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