eBay, one of the world’s largest online commerce platforms, will lay off 1,000 people, or about 9% of its workforce. The company explained this decision as the number of employees and costs were higher than the rate of business growth in the slowing US economy. This information is reported by Agency Associated Press (AP).
“We need to organize our staff better in terms of flexibility and speed. These changes are difficult, but I am confident that by working together we will emerge stronger than ever,” said company CEO Jamie Iannone, commenting on the layoffs.
Ebay has become the latest major tech company to cut staff after hiring rapidly during a surge of growth during the COVID-19 pandemic. Due to coronavirus restrictions, people began to spend more time at home, which contributed to the development of various online trading services.
Since the beginning of January 2024, mass layoffs by Google and TikTok, Twitch, Amazon, Spotify, Microsoft, IBM and other technology giants have been known.
happened before known About the dismissal of more than 2.5 thousand people from video game companies since the beginning of 2024.