eBay: to lay off 4% of global workforce

(CercleFinance.com) - On Tuesday evening eBay said that it intends to make about 500 redundancies, or about 4% of its global workforce, as part of a shift in its organisation to create long-term sustainable growth.


Management said that over the past few months, it has been carefully considering where the company is today in relation to the global macroeconomic situation, and how it can better invest and operate to continue to succeed.

In addition, these changes will give eBay additional scope to invest and create new jobs in areas of high potential - new technologies, customer innovations and key markets - while continuing to adapt to a changing landscape.

For information, the share is pretty flat in pre-market trading today.


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