{"id":13063,"date":"2024-01-24T03:37:30","date_gmt":"2024-01-24T02:37:30","guid":{"rendered":"https:\/\/costops.com\/index.php\/2024\/01\/24\/online-retailer-ebay-to-lay-off-1000-workers-firm-says-in-letter-to-employees\/"},"modified":"2024-01-24T03:37:30","modified_gmt":"2024-01-24T02:37:30","slug":"online-retailer-ebay-to-lay-off-1000-workers-firm-says-in-letter-to-employees","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2024\/01\/24\/online-retailer-ebay-to-lay-off-1000-workers-firm-says-in-letter-to-employees\/","title":{"rendered":"Online retailer eBay to lay off 1,000 workers, firm says in letter to employees"},"content":{"rendered":"<p>Announcement by CEO Jamie Iannone follows wave of cuts in US tech after heavy hiring during pandemic<\/p>\n<p>The online retailer eBay Inc will cut about 1,000 roles, or an estimated 9% of its current workforce, the company said on Tuesday.<\/p>\n<p>\u201cWhile we are making progress against our strategy, our overall headcount and expenses have outpaced the growth of our business,\u201d the eBay CEO, Jamie Iannone, said in a letter shared with employees.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/technology\/2024\/jan\/23\/ebay-layoffs-1000-workers-online-retail\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/eab36106e0d182e4f5e6476a5dfffffbf9c10a46\/277_464_3258_1955\/master\/3258.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=cfe3305bc84c1c7c90bce01958289fbc\" title=\"Online retailer eBay to lay off 1,000 workers, firm says in letter to employees\" \/>Announcement by CEO Jamie Iannone follows wave of cuts in US tech after heavy hiring during pandemic<br \/>\nThe online retailer eBay Inc will cut about 1,000 roles, or an estimated 9% of its current workforce, the company said on Tuesday.<br \/>\n\u201cWhile we are making progress against our strategy, our overall headcount and expenses have outpaced the growth of our business,\u201d the eBay CEO, Jamie Iannone, said in a letter shared with employees. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Announcement by CEO Jamie Iannone follows wave of cuts in US tech after heavy hiring during pandemic The online retailer eBay Inc will cut about 1,000 roles, or an estimated 9% of its current workforce, the company said on Tuesday. \u201cWhile we are making progress against our strategy, our overall headcount and expenses have outpaced &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2024\/01\/24\/online-retailer-ebay-to-lay-off-1000-workers-firm-says-in-letter-to-employees\/\"> <span class=\"screen-reader-text\">Online retailer eBay to lay off 1,000 workers, firm says in letter to employees<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":13064,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/13063"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=13063"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/13063\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/13064"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=13063"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=13063"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=13063"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}