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EBay To Lay Off About 500 Employees Or 4% Of Its Workforce
(RTTNews) - In a message to employees, e-commerce company eBay, Inc.'s (EBAY) CEO Jamie Iannone said he will be eliminating about 500 employees from their jobs over the next 24 hours. This number represents about 4% of the company's total employee base.
Iannone stated that, "To create long-term, sustainable growth for eBay, we need to evolve our organization as we take the next step in our strategy — focused on driving growth, building a trusted marketplace, empowering enthusiasts and seeding new technologies for the future."
"Today's actions are designed to strengthen our ability to deliver better end-to-end experiences for our customers and to support more innovation and scale across our platform," he added.
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EBay To Pay $3 Mln Criminal Penalty For Corporate Cyber-stalking Campaign
ecommerce company eBay, Inc. has agreed to pay a criminal penalty of $3 million to settle charges related to a corporate cyber-stalking campaign in August 2019 that targeted a Massachusetts couple in retaliation for their online newsletter coverage of eBay.
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Před 674 dny
EBay Launches New Luxury Consignment Service
eBay, Inc. (EBAY) announced Tuesday the introduction of a new consignment service, giving users direct access to expert sellers who will list and sell their luxury items on their behalf.
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Před 796 dny
EBay To Acquire TCGplayer For Up To About $295 Mln
eBay Inc. (EBAY), a global commerce company, and TCGplayer, a trusted marketplace for collectible card game enthusiasts, announced they have entered into an agreement for eBay to acquire TCGplayer for a total deal value of up to approximately $295 million.
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Před 1182 dny
Losing Streak May Continue For Taiwan Stock Market
The Taiwan stock market has finished lower in back-to-back sessions, tumbling almost 550 points or 2 percent along the way. The Taiwan Stock Exchange now sits just beneath the 27,400-point plateau and it may see mild consolidation again on Monday.
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Před 1 h 23 min
Singapore Shares May Open Under Water On Monday
The Singapore stock market on Friday snapped the three-day winning streak in which it had climbed almost 90 points or 2 percent. The Straits Times Index now sits just beneath the 4,550-point plateau and it's looking at another soft start again on Monday.
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Před 1 h 53 min
Japan GDP Sinks 0.4% In Q3
Japan's gross domestic product contracted a seasonally adjusted 0.4 percent on quarter in the third quarter of 2025, the Cabinet Office said on Monday - following the upwardly revised 0.6 percent expansion in the previous three months (originally 0.5 percent).
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Před 1 h 54 min
New Zealand Services Index Improves In October - BusinessNZ
The services sectors in New Zealand continued to contract in October, albeit at a slower pace, the latest survey from BusinessNZ revealed on Monday with a Performance of Services Index score of 48.7.
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Před 2 h 5 min
Malaysia Shares Expected To Remain Rangebound
The Malaysia stock market has finished lower in two of three trading days since the end of the three-day winning streak in which it had risen more than 15 points or 1 percent. The Kuala Lumpur Composite Index now sits just above the 1,625-point plateau and it may tick lower again on Monday.
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Před 2 h 23 min
