Skip to main content

eBay to cut 1,000 jobs: Read CEO’s note to employees

Tech companies continue to announce layoffs, with eBay being the latest to join the list. CEO Jamie Iannone revealed that close to 1,000 jobs, approximately 9% of the workforce, will be cut. These layoffs are part of eBay's efforts to better position the company for long-term, sustainable growth and to address the challenges posed by the macroeconomic environment.

from Times of India https://ift.tt/ylOEw2X
via IFTTT
Labels:

Comments

Post a Comment

Popular posts from this blog

Thousands of Amazon employees send open letter to CEO; question layoffs

Over 1,000 Amazon employees have penned an open letter expressing grave concerns about the company's rapid AI development. They warn of significant damage to democracy, jobs, and the environment, arguing that Amazon is sacrificing climate goals and human workers for AI dominance. The employees demand ethical AI practices, including clean energy use and employee involvement in AI decisions. from Times of India https://ift.tt/GEoSOyb via IFTTT
Post a Comment
Read more

Assam: Govt backs Tezpur university pro-VC pick; protests intensify

Tezpur University students blocked Union higher education secretary Vineet Joshi's convoy after a meeting on allegations against the "absconding" vice chancellor ended without action. Protests, now in their 79th day, demand the VC's resignation amid concerns over financial irregularities and questionable appointments. The ministry is examining the allegations and will report to the President. from Times of India https://ift.tt/LIrM3iP via IFTTT
Post a Comment
Read more

Yunus defends minority-violence in Bangladesh, says only 71 of 645 incidents 'communal'

Bangladesh's interim government claims most 2025 incidents involving minorities were criminal, not communal. Out of 645 cases, only 71 had religious motives, including temple vandalism and threats. The government emphasizes accurate classification to combat misinformation, but minority groups question the assessment, fearing it emboldens criminals. from Times of India https://ift.tt/KErICkH via IFTTT
Post a Comment
Read more