eBay will lay off 1,000 employees — 9 percent of the company
![Illustration showing the Ebay logo.](https://cdn.vox-cdn.com/thumbor/ChZ6HUXt3R-hSScL1J58UpCFatU=/0x0:2040x1360/1310x873/cdn.vox-cdn.com/uploads/chorus_image/image/73079917/STK252_ebay_stock_CVirginia_4.0.jpg)
eBay is following in the footsteps of Google, Discord, Twitch, Unity, and more — by laying off loads of workers this January instead of right before the holidays. The company writes it’s laying off around 1,000 workers, or 9 percent of the company’s full-time employees, and that’s just the start: eBay will also lay off an unspecified number of contractors “over the coming months.”
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.” Company president and CEO Jamie Iannone writes that “there is more we can do to ensure our success,” and argues that eBay should be a “more nimble” company that “makes decisions more quickly” to…