what impact will ebay layoffs have on Selling Community? Thoughts? | Selling

my-cottage-books-and-antiques · 2023-02-07T22:45:09.195000Z

https://finance.yahoo.com/news/1-ebay-lay-off-500-222104466.html Feb 7 (Reuters) - E-commerce firm eBay Inc said on Tuesday it will lay off 500 employees globally, representing 4% of its total workforce.Shares of the San Jose, California-based company rose about 1% in aftermarket trade."This shift gives us additional space to invest and create new roles in high-potential areas - new technologies, customer innovations and key markets," said Jamie Iannone, Chief Executive Officer of Ebay in a message to employees.

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