layoff
End of an Era: The great tech expansion takes a hammering with a layoff spree
Tech layoffs 2022 include tech giants like Amazon, Twitter, and Meta. What’s worse is that as the year comes to a close, it appears that there will be even more. Layoffs began after a successful year for technology in 2021. In 2022, 795 tech companies laid off 121,667 employees and,
PayPal and eBay Initiate First round of Layoffs
Following the eBay, PayPal division, the first round of layoffs has begun. They had announced a 7 percent cut in workforce last month spreading across various departments. John Donahoe president and CEO of ebay Inc had said, “We plan to reduce our workforce globally by approximately 2,400 positions, across eBay
Employees to Be Laid off Ahead of eBay and PayPal Split
eBay, one of the largest e-commerce companies has announced a spinoff from its payments service PayPal. Ahead of this move they plan to cut about 7 percent of its staff spreading across various departments. John Donahoe president and CEO of ebay Inc said, “We plan to reduce our workforce globally
