earthnewsreport.com
Ebay plans to lay off 500 employees, about 4% of its workforce - Earth News Report
Ebay on Tuesday announced plans to cut 500 jobs, or about 4% of its workforce, according to a filing with the SEC. Shares of eBay were up slightly in extended trading Tuesday.In a memo to employees, CEO Jamie Iannone said the company decided to make cuts after examining the global macroeconomic environment over the past