EBay laying off 1,000 workers — 9% of its workforce
NY Post
EBay will lay off about 1,000 full-time employees, or roughly 9% of its overall workforce, as it looks to reverse a major slump at the once-booming online marketplace, the company said.
The San Jose, Calif.-based auction site asked its remaining employees to work from home on Wednesday “to provide some space and privacy” as it began informing impacted workers via Zoom.
In addition to the layoffs, eBay said it will “scale back” its use of contractors in support roles in the months ahead.
Iannone cited “external pressures, like the challenging macroeconomic environment” as factors that contributed to the culling.
“Our overall headcount and expenses have outpaced the growth of our business,” Iannone said in the memo. “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.”
Laid-off employees will receive “support and resources,” Iannone added.
