The Trade Desk announced an organizational realignment to align resources with high-priority growth opportunities and improve operational effectiveness. The plan involves eliminating positions and reducing the total workforce by approximately 15%, substantially completing during the third quarter of 2026. The company estimates cash restructuring charges of $39 million to $51 million for severance and benefits, partially offset by a stock-based compensation reversal of $4 million to $5 million. These accruals are expected to be recognized in Q3 2026. The Trade Desk operates in the digital advertising technology industry, providing an ad exchange platform.