<p>eBay Inc. will cut about 1,000 roles, or an estimated 9 per cent of its current workforce, the e-commerce retailer said on Tuesday.</p><p>"While we are making progress against our strategy, our overall headcount and expenses have outpaced the growth of our business," eBay CEO Jamie Iannone said in a letter shared with employees.</p><p>"To address this, we're implementing organizational 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."</p>.eBay to pay $3 million penalty over harassment of couple behind newsletter.<p>The job cuts follow a wave of US tech layoffs after the industry hired heavily during the pandemic, including among behemoths such as Amazon and Google.</p><p>In addition to the job cuts, the company will also scale back the number of contracts within its alternative workforce over the coming months, Iannone added in the note.</p><p>Last February, eBay announced plans to lay off 500 employees globally, representing 4 per cent of its total workforce.</p>
<p>eBay Inc. will cut about 1,000 roles, or an estimated 9 per cent of its current workforce, the e-commerce retailer said on Tuesday.</p><p>"While we are making progress against our strategy, our overall headcount and expenses have outpaced the growth of our business," eBay CEO Jamie Iannone said in a letter shared with employees.</p><p>"To address this, we're implementing organizational 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."</p>.eBay to pay $3 million penalty over harassment of couple behind newsletter.<p>The job cuts follow a wave of US tech layoffs after the industry hired heavily during the pandemic, including among behemoths such as Amazon and Google.</p><p>In addition to the job cuts, the company will also scale back the number of contracts within its alternative workforce over the coming months, Iannone added in the note.</p><p>Last February, eBay announced plans to lay off 500 employees globally, representing 4 per cent of its total workforce.</p>