Shares of eBay (EBAY) rose early Wednesday after the e-commerce company said it was cutting 1,000 jobs or about 9% of its workforce. Announcing the layoffs in a note to employees, CEO Jamie Iannone said "overall headcount and expenses have outpaced the growth of our business."
Yahoo Finance's Seana Smith and Brad Smith discuss eBay's announcement and the recent spate of tech layoffs.
#youtube #eBay #stockmarket
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
- Get the latest news and data at finance.yahoo.com
- Download the Yahoo Finance app on Apple ([ Ссылка ]) or Android ([ Ссылка ])
- Follow Yahoo Finance on social:
X: [ Ссылка ]
Instagram: [ Ссылка ]
TikTok: [ Ссылка ]
Facebook: [ Ссылка ]
LinkedIn: [ Ссылка ]
