In a notice to the California Employment Development Department, eBay said that it plans to slash nearly 300 jobs from Bay Area locations by July 20. The company, which called the cuts a “mass layoff,” said that it informed those being laid off at the end of June, according to The Mercury News, which obtained a copy of the notice. The layoffs will span eBay’s locations in San Jose, San Francisco, and Brisbane, according to the report. The San Jose office has been affected most by the layoffs, with 224 of the cuts coming to that location.
The online auction site’s decision comes after eBay has been experiencing some problems in its business. While the company’s revenue was up to $9.6 billion last year from $9 billion in the prior year, it took a loss of $1 billion. In the first quarter of this year, eBay’s profits slipped 60.7% year over year to $407 million.
In online retailing, there can be only one.
(Score: 5, Insightful) by PiMuNu on Friday July 20 2018, @08:51AM (2 children)
Ebay is struggling not because of amazon, but because their website is a big pile of dung. Lots of technical and usability issues. So it is not a structural issue but poor execution. It seems to be worse now than it was 10 years ago, probably because they fiddled with it in order to target mobile/tablet.
(Score: 4, Interesting) by DannyB on Friday July 20 2018, @02:48PM (1 child)
Fixes to websites should work like fixes to government.
When there is a problem, add more new code to fix it.
Some people think that sometimes you should remove code. But that has yet to be proven.
People today are educated enough to repeat what they are taught but not to question what they are taught.
(Score: 2) by RS3 on Saturday July 21 2018, @04:41AM
You both nailed it. I've complained to them about their crappy code for years. What a mess! I'm not sure what they're trying to accomplish but if I was a server admin there I'd clean up the code myself and cut down on the server / network load at the same time. Ugh. How does this happen? It happens to govt. sites too.