Unlike other tech companies, an American multinational e-commerce company, eBay has announced a reduction of 9% or approximately 1,000 roles.
While announcing the layoffs the company said, “Despite facing external pressures, like the challenging macroeconomic environment, we know we can be better with the factors we control.”
“While we are making progress against our strategy, our overall headcount and expenses have outpaced the growth of our business”, the
The company added, “Despite facing external pressures, like the challenging macroeconomic environment, we know we can be better with the factors we control. While we are making progress against our strategy, our overall headcount and expenses have outpaced the growth of our business.”
Read eBay CEO’s letter on Layoffs
Team,
The most significant and toughest of these decisions is to reduce our current workforce by approximately 1,000 roles or an estimated 9% of full-time employees.
Additionally, we plan to scale back the number of contracts we have within our alternate workforce over the coming months. These are not actions we take lightly — and we recognize the impact they will have on all eBayers.
The most significant and toughest of these decisions is to reduce our current workforce by approximately 1,000 roles or an estimated 9% of full-time employees.
Additionally, we plan to scale back the number of contracts we have within our alternate workforce over the coming months. These are not actions we take lightly — and we recognize the impact they will have on all eBayers.
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.
Shortly, we will begin notifying those employees whose roles have been eliminated and entering into a consultation process in areas where required. Leaders will communicate the news directly via Zoom, and your VP or eLT member will send an email once the notifications in their group have been completed.
We request that all U.S. employees work from home on January 24th to provide some space and privacy for these conversations. We’re committed to treating everyone with respect and empathy through this transition and providing impacted employees with support and resources.
Thank you,
Jamie
