eBay Laying Off Thousands of Employees Due to ‘External Pressures’

eBay Laying Off Thousands of Employees Due to ‘External Pressures’
A sign is posted in front of eBay headquarters in San Jose, Calif., on Feb. 22, 2023. Justin Sullivan/Getty Images
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E-commerce giant eBay announced on Jan. 23 that it is laying off 1,000 of its full-time employees, citing “external pressures,” including a  “challenging macroeconomic environment.”

CEO Jamie Iannone initially announced the job cuts in an internal notice that was later published on the company’s official website.

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