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eBay will lay off 1,000 employees — 9 percent of the company (www.theverge.com)

submitted 9 months ago by [email protected] to c/[email protected]

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[–] [email protected] 76 points 9 months ago (8 children)

Yet another company hurting massively for their bad bets in physical office space.

Silly boomers, it's 2023.

[–] [email protected] 43 points 9 months ago* (last edited 9 months ago) (1 children)

Despite reporting profit of $1.3 billion last quarter, which it described as “another quarter of solid results,” eBay today suggests that there is a “Need for Change.”

It sounds like they aren't even hurting, they just are ritualistically cutting off a pound of flesh for Wall Street.

[–] [email protected] 3 points 9 months ago* (last edited 9 months ago)

Line must go up!

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