Technology

59422 readers

3065 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS

366

eBay will lay off 1,000 employees — 9 percent of the company (www.theverge.com)

submitted 9 months ago by misk@sopuli.xyz to c/technology@lemmy.world

51 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] ReallyActuallyFrankenstein@lemmynsfw.com 42 points 9 months ago* (last edited 9 months ago) (1 children)

Despite reporting profit of $1.3 billion last quarter, which it described as “another quarter of solid results,” eBay today suggests that there is a “Need for Change.”

It sounds like they aren't even hurting, they just are ritualistically cutting off a pound of flesh for Wall Street.

[–] MalReynolds@slrpnk.net 3 points 9 months ago* (last edited 9 months ago)

Line must go up!