Connect with us

Hi, what are you looking for?

Your Profit SpringYour Profit Spring

Tech News

eBay will lay off 1,000 employees — 9 percent of the company

The Verge

eBay is following in the footsteps of Google, Discord, Twitch, Unity, and more — by laying off loads of workers this January instead of right before the holidays. The company writes it’s laying off around 1,000 workers, or 9 percent of the company’s full-time employees, and that’s just the start: eBay will also lay off an unspecified number of contractors “over the coming months.”

Despite reporting profit of $1.3 billion last quarter, which it described as “another quarter of solid results,” eBay today suggests that there is a “Need for Change.” Company president and CEO Jamie Iannone writes that “there is more we can do to ensure our success,” and argues that eBay should be a “more nimble” company that “makes decisions more quickly” to…

Continue reading…

You May Also Like

Tech News

The new adaptive charging feature could help to save power and preserve the life of controller batteries. | Photo by Amelia Holowaty Krales /...

Tech News

The latest Netflix app update will require Apple devices to run iOS 17 or later. | Illustration by Alex Castro / The Verge The...

World News

In theory, the question should have been easy. Debate moderator Linsey Davis on Tuesday night pointed out to former president Donald Trump that he...

Tech News

Hi, friends! Welcome to Installer No. 32, your guide to the best and Verge-iest stuff in the world. (If you’re new here, welcome, happy...