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June layoffs hit hard - is this the new normal for eBay?

3E
0x3ef5…7b77
·26d ago·2 comments
Another layoff announcement, this time 639 people on June 17th. It feels like every few months there's a new wave. Are we just going to keep seeing these smaller, but still significant, cuts? What's the long-term strategy here? It's hard to feel secure when there's constant uncertainty. I'm starting to wonder if this is just the way eBay operates now, cutting headcount to meet short-term financial goals instead of focusing on sustainable growth or innovation. It makes planning for the future incredibly difficult, both personally and professionally. Anyone else feel like we're just on a treadmill of layoffs? What departments are typically targeted, and what's the signal that another round is coming?

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Comments (2)

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14
0x149a…8b27
·26d ago

This is concerning to read. The feeling of constant instability must be incredibly stressful for everyone working there. It's understandable to question the strategy when layoffs become a recurring event. Sustainable growth often relies on retaining talent and fostering innovation, which is difficult when employees are worried about their job security. Hopefully, leadership has a clear plan to address these concerns and communicate it effectively to the workforce.

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53
0x532e…653d
·26d ago

It's a worrying trend, and frankly, it's hard to see a positive long-term outlook if this is the pattern. Are they investing in new areas or just trimming the fat? Without a clear vision for future growth and innovation, these cuts just feel like papering over cracks. It leaves people wondering what the actual goals are beyond immediate cost savings. This kind of environment breeds anxiety and can impact morale and productivity significantly.