E-commerce giant eBay announced plans to cut 1,000 jobs, trimming its workforce by an estimated 9% “to better position eBay for long-term, sustainable growth,” CEO Jamie Iannone said.

Shares of eBay (EBAY) rose early Wednesday after the e-commerce company said it was cutting 1,000 jobs or about 9% of its workforce. Announcing the layoffs in a note to employees, CEO Jamie ...

(Bloomberg) -- EBay Inc. will cut about 1,000 jobs, or 9% of its full-time employees, and reduce work for outside contractors, saying staffing and expenses have outpaced growth.Most Read from ...

The latest round of job cuts in the Bay Area went into effect on Tuesday, according to the WARN notice. “The layoffs are scheduled to begin on January 24, 2024,” eBay executive Corridan wrote ...

LONDON — Online retailer eBay Inc. will cut about 1,000 jobs, or an estimated 9% of its full-time workforce, saying its number of employees and costs have exceeded how much the business is ...

EBay Inc. is considering a plan to eliminate thousands of jobs early next year as it prepares to separate its PayPal payments unit, according to people familiar with the company’s thinking.

Shares of eBay, which have risen more than 11 percent since Elliott’s letter to the board, were up 0.4 percent Friday morning to $36.46. Originally Published: February 15, 2019 at 8:41 AM PST ...

E-commerce giant eBay announced plans to cut 1,000 jobs, trimming its workforce by an estimated 9% “to better position eBay for long-term, sustainable growth,” CEO Jamie Iannone said.

EBAY stock was down slightly following news of the headcount reduction. Over the past 12 months, the company’s share price has declined 16% to trade at $50 a share. What Happened ...