E-commerce firm eBay Inc said on Tuesday it will lay off 500 employees globally, representing 4 per cent of its total workforce. Shares of the San Jose, California-based company rose about 1 per cent in aftermarket trade. "This shift gives us additional space to invest and create new roles in hig
E-commerce firm eBay Inc. said on Tuesday it will lay off 500 employees globally, representing 4 percent of its total workforce.
Shares of the San Jose, California-based company rose about 1 percent in aftermarket trade.
“This shift gives us additional space to invest and create new roles in high-potential areas—new technologies, customer innovations, and key markets,” said Jamie Iannone, Chief Executive Officer of eBay in a message to employees…
eBay will slash nearly 200 Bay Area jobs as tech layoffs worsen
eBay has revealed plans to eliminate nearly 200 Bay Area jobs, grim cutbacks that add to a rising mountain of local layoffs orchestrated by tech and biotech companies.
(Reuters) - E-commerce firm eBay Inc said on Tuesday it will lay off 500 employees globally, representing 4% of its total workforce. Shares of the San Jose, California-based company rose about 1% in aftermarket trade.