After Google, Amazon, Meta, Now eBay Laying Off 1000 Employees

eBay to Lay Off , 1,000 Workers. In a blog post on Jan. 23, eBay CEO Jamie Iannone announced that the online retailer would be cutting about 9% of its workforce, NPR reports. . Iannone said that eBay's staff and expenses "have outpaced the growth of our business.". eBay is also terminating relationships with several outside contractors, NPR reports. . Both decisions are intended to help the company remain "nimble" as it faces a "challenging" economy. . Those who are laid off will be notified in a Zoom meeting. Iannone asked U.S. employees to work from home on Jan. 24 to "provide some space and privacy for these conversations.". eBay, a $21 billion company that was founded in 1995, . has been affected by Amazon and other e-commerce platforms. The company also let go of 500 workers in February of last year as it attempts to regain its footing following the end of the pandemic boom.