Friday, 24 March, 2023

eBay Announces Layoff of 500 Employees, Reducing Workforce by 4%

<p>EBay is cutting its workforce by 4% by laying off 500 employees. The company is facing increasing competition and restructuring its operations to stay competitive in the rapidly changing e-commerce market. The layoffs are expected to take place across multiple departments and locations globally. eBay aims to streamline its operations and improve profitability through these cost-cutting measures.</p>