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CEO JAMIE IANNONE
EBay to lay off 9% of workforce in push to simplify operationsEBay will lay off about 1,000 employees, representing 9% of its workforce, to streamline operations. The company previously reduced its sta...
EBay forecasts upbeat quarterly revenue as high-value categories drive momentumEBay is set to surpass its revenue forecasts for the third quarter, driven by a renewed emphasis on luxury goods and collectibles. The acqu...
US drops the hammer: No more $800 tax-free eBay buys — shoppers furiousUS ends tax-free shipping rule: American eBay shoppers may face higher prices soon. A long-standing exemption on tariffs for goods under $8...
EBay forecasts quarterly revenue below expectations on weak demandFormer US president Joe Biden's administration had said in September that it was moving to curb low-value shipments entering the US duty-fr...
EBay beats earnings estimates on strong US holiday spendingeBay beats market expectations for revenue and profit driven by healthy consumer spending during the holiday season. eBay's board authorize...
eBay to slash 1000 jobs, scale back contractsThe job cuts follow a wave of U.S. tech layoffs after the industry hired heavily during the pandemic, including among behemoths such as Ama...
eBay to slash 1,000 jobs, scale back contractsThe job cuts follow a wave of US tech layoffs after the industry hired heavily during the pandemic, including among behemoths such as Amazo...
EBay forecasts fourth-quarter results below estimates on weak consumer spendingWhile US online sales are expected to rise 4.8% in the crucial holiday season between Nov. 1 and Dec. 31, eBay faces stiff competition to a...
Layoffs in 2023: Microsoft, Cognizant, Accenture among latest firms to cut jobs amid economic turmoilThe layoff wave has swept not only startups and mid-sized firms, but also big tech companies such as Amazon, Microsoft, and Google parent A...
eBay appoints Vidmay Naini as general manager for emerging marketsBased in Singapore, Naini will lead the firm’s business in Southeast Asia, India, Eastern Europe, Israel, the Middle East, Africa, and Lati...
US-based fintech firm Affirm lays off 19% of workforceThe employees that are laid off in the US will be offered a minimum of 15 weeks base pay as severance plus an additional week per year of t...
Ebay to fire 500 employees, cut workforce by 4%CEO Jamie Iannone said the company decided to make cuts after examining the global macroeconomic environment over the past several months.
eBay CEO’s early wins have yet to erase Wall Street’s doubtsA first step that impressed some eBay investors was the sale of the classifieds business to Norwegian digital marketplace Adevinta in a cas...