E-commerce giant eBay to layoff 500 employees, 4% of total workforce
Image Credit: economic times
E-commerce giant eBay has announced to lay off around 500 workers, about 4 per cent of its staff globally, citing the macroeconomic situation. The layoffs were revealed by eBay CEO Jamie Iannone on Tuesday in a memo to staff that was also submitted to the US Securities and Exchange Commission (SEC).