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eBay plans to cut 1,000 jobs because it couldn’t grow enough
E-commerce company eBay said it plans to let go of 1,000 employees or around 9% of its workforce due to economic conditions.
E-commerce company eBay said today that it plans to let go of 1,000 employees or around 9% of its workforce due to the ongoing economic conditions. While we are making progress against our strategy, our overall headcount and expenses have outpaced the growth of our business,” Iannone said in a note sent to employees on Tuesday. “To address this, we’re implementing organizational changes that align and consolidate certain teams to improve the end-to-end experience, and better meet the needs of our customers around the world.”
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