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An Embattled Etsy Slashes Its Intern Program

With two weeks’ notice, college students don’t have much time to find a new gig. 

Etsy headquarters in New York City in August 2015. 

Etsy headquarters in New York City in August 2015. 

Photographer: Chris Goodney/Bloomberg

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The online marketplace Etsy Inc., well-known for its quaint perks and under pressure to cut costs and boost its stock price, is taking an ax to its intern program.

Two weeks before they were scheduled to start their internships, college students were told their roles were no longer available, people with knowledge of the conversations said.