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eBay will lay off 1,000 employees — 9 percent of the company (www.theverge.com)

submitted 10 months ago by misk@sopuli.xyz to c/technology@lemmy.world

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[–] ReallyActuallyFrankenstein@lemmynsfw.com 42 points 10 months ago* (last edited 10 months ago) (1 children)

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.”

It sounds like they aren't even hurting, they just are ritualistically cutting off a pound of flesh for Wall Street.

[–] MalReynolds@slrpnk.net 3 points 10 months ago* (last edited 10 months ago)

Line must go up!