From New York Post · · 40s
ebay cuts 1000 jobs in second round of layoffs
ebay axing 1000 jobs in second round of cuts this year.
In brief
ebay axing 1000 jobs in second round of cuts this year. ebay will cut 1000 jobs in second round of layoffs this year to simplify operations and focus on fastest-growing areas. Originally reported by New York Post.
ebay layoffs
ebay will cut 1000 jobs in second round of layoffs this year to simplify operations and focus on fastest-growing areas.
“ebay will lay off about 9% of its workforce as the online marketplace looks to simplify operations and shift resources to its fastest-growing areas”
previous layoffs
ebay cut 800 jobs in february as part of efforts to streamline operations.
“it also let go about 6% of its workforce, or 800 employees, in february as part of efforts to streamline operations”
recommerce growth
ebay's recommerce strategy boosted shares 40% this year and helped forecast third-quarter revenue above wall street estimates.
“that has helped its shares rise nearly 40% this year, outperforming the benchmark s&p 500’s around 12% gain”
The headline
ebay will cut 1000 jobs in second round of layoffs this year to simplify operations and focus on fastest-growing areas.
