eBay has announced plans to cut 1,000 jobs in a bid to monitor and control the current challenging macroeconomic environment. This layoffs amounts to 9% of the company’s full time employees, and the report mentions that the plan is to implement organizational changes by reducing their overall headcount and expenses.
The company’s employees were asked to work from home on January 24, to ensure privacy during these difficult conversations, as affected employees would be notified over video call. In other news, Incognito Blog recently reported the $3 million USD harassment case faced by the company.