Business
fromTechRepublic
4 days agoeBay Lays Off 6% of Workforce Amid $1.2B Depop Deal
eBay is laying off 800 employees (6% of workforce) while continuing strategic hiring and investing in AI to align operations with long-term growth priorities.
#depop-acquisition
#depop-acquisition
[ follow ]
fromEntrepreneur
4 days agoEBay Just Laid Off 800 Workers - Here's Why
The Depop acquisition gives eBay access to Gen Z shoppers-90% of Depop's users are under 34-but the company needs to fund that growth by cutting costs elsewhere. EBay is essentially trading current employees for future market position-a risky move that shows how intense the e-commerce competition has become.
E-Commerce
[ Load more ]