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Tag: eBay

eBay plans to lay off 1,000 workers
Business

eBay rejects GameStop acquisition bid, cites lack of credibility

The board of eBay has turned down US video game retailer GameStop’s surprise $55.5bn (£41bn) bid for the online marketplace, calling the proposal “neither credible nor attractive”. Earlier this month, GameStop made an unsolicited offer for eBay, publishing a letter on its website that outlined a deal split between cash and stock. The move came […]

US court dismisses lawsuit against eBay over environmental violations
Tech

EBay to slash 800 jobs, cutting 6% of workforce

EBay said Thursday it plans to cut around 800 jobs, or 6 per cent of its workforce, in its latest round of layoffs. “We are taking steps to reinvest across our business and align our structure with our strategic priorities, which will affect certain roles across our workforce,” an eBay spokesperson said in a statement. […]

US court dismisses lawsuit against eBay over environmental violations
News

US court dismisses lawsuit against eBay over environmental violations

A federal judge in Brooklyn on Monday dismissed a U.S. government lawsuit accusing eBay of violating the Clean Air Act and other environmental laws by permitting the sale of harmful products on its platform. The case, brought by the U.S. Department of Justice, alleged that eBay allowed the sale of devices that bypass automobile pollution […]

eBay plans to lay off 1,000 workers
Business

eBay plans to lay off 1,000 workers

Alex Omenye E-commerce giant eBay said on Wednesday that it intends to lay off 1,000 workers, or around 9% of its staff due to the current state of the economy. In a blog post, the company announced that it will be eliminating contract positions in the upcoming months. CEO Jamie Iannone acknowledged that although the […]

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