Online marketplace eBay will lay off around 1,000 staff in the US, equating to an estimated 9% of its current workforce.


eBay’s post-pandemic job losses are mounting

The job cuts were announced by chief executive officer Jamie Iannone in a letter to employees.

US staff have been asked to work from home on January 24, and those impacted will be notified “shortly”.

The news follows a round of job cuts in February last year when eBay laid off 500 employees globally.

Iannone said in a letter: “While we are making progress against our strategy, our overall headcount and expenses have outpaced the growth of our business.

“To address this, we’re implementing organisational changes that align and consolidate certain teams to improve the end-to-end experience, and better meet the needs of our customers around the world.”

The retailer will also scale back the number of contracts within its “alternative workforce” over the coming months.

The job cuts come after a series of recent layoffs in US tech after many companies, such as Amazon and Google, launched recruitment drives during the pandemic.