EBay to cut 4% of its workforce; analysts expect further sales decline

EBay Inc. is cutting about 500 employees — or 4% of its workforce — as the ecommerce company continues to face slower consumer spending after a brief pandemic boom. EBay job cuts follow those of Amazon, other large tech and ecommerce companies The reductions are in response to the “macroeconomic situation around the world,” CEO … Continue reading EBay to cut 4% of its workforce; analysts expect further sales decline