EBay President and CEO Jamie Iannone announced that the company is cutting approximately 1,000 roles.
“Today we're sharing news about the changes we're making to better position eBay for long-term, sustainable growth,” Iannone said. I have written.
“The most important and difficult of these decisions is to reduce our current workforce by approximately 1,000 roles, or an estimated 9% of our full-time workforce. We plan to reduce the number of contracts.'' “These are not actions we take lightly, and we recognize that they impact all eBay users, who have made so many important contributions to the eBay community and culture.'' We have to say goodbye to the people we met, and this is not easy.'' he added.
Ebay is a popular online marketplace where you can buy and sell items, including through auctions.
“Despite facing external pressures such as a difficult macroeconomic environment, we know that we can do better by leveraging the factors within our control. We are making progress in our business, but our overall headcount and expenses are outpacing our business growth. To address this, we are working to improve the end-to-end experience and better meet the needs of our customers around the world. We are implementing organizational changes to align and integrate certain teams,” Iannone said.
“We are committed to treating everyone with respect and empathy through this transition and providing support and resources to affected employees,” he wrote.
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