Online retailer eBay has made the decision to lay off 1,000 employees, an estimated 9 percent of the company's workforce.
In a note sent to employees, Jamie Iannone, President and CEO of eBay, shared the news, writing about the decision in an effort "to better position eBay for long-term, sustainable growth." Iannone wrote that the layoffs are the "most significant and toughest of these decisions."
SEE ALSO:YouTube to cut 100 workers as tech layoffs continue"These are not actions we take lightly — and we recognize the impact they will have on all eBayers," said Iannone. "We have to say goodbye to people who have made so many important contributions to the eBay community and culture, and this isn’t easy." He added that while the company is "making progress" against its strategy, their headcount and expenses "have outpaced" the growth of its business.
The layoffs come despite the company reporting a profit of $1.3 billion last quarter. In November, Iannone described the profits as "another quarter of solid results."
The company has requested all U.S. employees to work from home today, January 24th, in order to "provide some space and privacy" for the employees being told their roles are being eliminated. Alongside the job cuts, eBay also announced that they are scaling back on outside contractors.
eBay previously cut 500 workers in February 2023.
So far, 2024 has seen a number of layoffs across tech firms, including Amazon, Wayfair, Duolingo, YouTube, and Google. According to layoffs.fyi, a website tracking job cuts in the tech sector, over 13,000 workers have been laid off within the first few weeks of this year.
(责任编辑：百科)
Xiaomi accused of copying again, this time by Jawbone
The weirdest year of my life made me fall in love with alone time
Judge won't let 'Fortnite' back into App Store as Apple fight crawls on
Tesla drivers can set their horn to fart sounds — or record their ownDog elected for third term as mayor of Minnesota townWhat brands need to know about virtual reality
Virtual reality (VR) is all the rage. Premium publishers like USA Today, the New York Times, and AOL
...[详细]Your old Android device will no longer support many websites in 2021
If you have an old Android phone, it may be time to really consider an upgrade.According to a report
...[详细]Parler left its content, even deleted posts, out in the open — and archivists have saved it all
If you ever posted content on the right-wing social media platform Parler, odds are that it’s
...[详细]Jupiter and Saturn align on Monday for the first time in 800 years
On Monday night, a truly rare astronomical event will occur: Jupiter and Saturn will align in what N
...[详细]PlayStation Now game streaming is coming to PC
Sony's PlayStation Now service is launching for Windows PC, meaning subscribers will soon be able to
...[详细]What is Cash app? The easy way Redditors trade stocks
Individual stock traders coordinating their behavior on Reddit have sent Wall Street into an absolut
...[详细]Amazon delivers a killing blow to the pro
Parler will likely return at some point, but Amazon has ensured that the Donald Trump-supporting soc
...[详细]How fantasy football exploded online and kept Yahoo relevant
InTales of the Early Internet, Mashable explores online life through 2007 — back before social
...[详细]
The group behind a growing list of celebrity social media breaches has struck again, this time takin
...[详细]The White House contact form now asks for your pronouns
Out with the old, and in with the new. The brand-new Biden administration has its work cut out for i
...[详细]17 questions you can answer if you're a good communicator
'Star Wars: Squadrons' review: The perfect 2020s spin on a '90s fave
