EBay and Zoom are announcing more layoffs.
More tech layoffs are ahead.The company CEO said the decision was made after "looking at the business landscape", and that job cuts will actually strengthen eBay's ability to deliver better experiences to customers".And, 1,300 jobs are being cut at Zoom, also based on San Jose. That's 15% of its workforce.
Zoom's CEO said, just like the rest of the world, the company has to adjust to "life after the pandemic" and an "uncertain global economy." The CEO also cut his salary by 98% and won't get a bonus. These layoffs follow similar job cuts at Twitter, Google, PayPal, Meta, Microsoft, Salesforce and Amazon, to name a few. that I have read and agree
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