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Chronicles

The story behind the story

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eBay plans to cut ~1,000 full-time jobs, or ~9% of its workforce, and scale back the number of contracts within its “alternate workforce” over the coming months

- EBay said Tuesday it's laying off 1,000 full-time employees.  — CEO Jamie Iannone told employees the company will …

CNBC Jonathan Vanian

Discussion

  • @self.agency @self.agency on bluesky
    the s&p 500 and the djia are currently at their highest ever peak, companies are more profitable than ever, and they're still doing mass layoffs everywhere you look [embedded post]
  • @carnage4life Dare Obasanjo on x
    Writing about tech news is so depressing these days. It's either layoffs (eBay & SAP today) or concerns about AI stealing jobs and people mad at AIs stealing their copyrights. Remember that this too shall pass. The economy and our industry is cyclical.
  • @quinnypig Corey Quinn on x
    I know a marketplace where they can get some secondhand employees on the cheap.
  • @tomwarren Tom Warren on x
    eBay will lay off 1,000 employees, 9% of the company. It follows in the footsteps of of Google, Discord, Twitch, Unity, and more that have laid off employees this month https://www.theverge.com/...