Ebay to lay off 500 employees

eBay Laying Off 4% of Workforce, Dozens Let Go in Israel

The eBay move followed a long string of layoffs in Israel’s hi-tech market.

eBay announces that it will lay off 500 workers within 24 hours

The decision was justified by “the macroeconomic situation in the world” in recent months and the need to change the company's structure in order to achieve long-term and sustainable growth.

Ebay to lay off 500 employees

E-commerce firm eBay Inc said on Tuesday it will lay off 500 employees globally, representing 4% of its total workforce.

eBay to Lay Off 500 Employees

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 Announces Layoffs, To Sack 500 Employees Citing 'Macroeconomic Situation' | 📲 LatestLY

Jamie Iannone, CEO of eBay, announced the layoffs on Tuesday in a note to staff that was also filed with the US Securities and Exchange Commission (SEC). 📲 eBay Announces Layoffs, To Sack 500 Employees Citing 'Macroeconomic Situation'.

EBay to lay off 4 per cent of its workforce, 500 employees to be impacted

E-commerce giant EBay has announced its decision to lay off around 4 per cent of its workforce globally. As a result, 500 people across the world will be losing their jobs.