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says staffing has outpaced growth
SEATTLE – eBay will cut about 1,000 jobs, or 9 per cent of its full-time employees, and reduce work for its outside contractors, saying its staffing and expenses have outpaced growth.
The e-commerce company said it needs to be “more nimble” in the face of a “challenging” economic environment.
“While we are making progress against our strategy, our overall headcount and expenses have outpaced the growth of our business,” eBay said on Jan 23 in a statement. “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.”
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