fromEntrepreneur
1 day agoEBay Just Laid Off 800 Workers - Here's Why
The Depop acquisition gives eBay access to Gen Z shoppers-90% of Depop's users are under 34-but the company needs to fund that growth by cutting costs elsewhere. EBay is essentially trading current employees for future market position-a risky move that shows how intense the e-commerce competition has become.
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