We’re constructing a stronger eBay for the long run, a enterprise that continues to develop and might deal with any problem. Over the previous three years, we have basically remodeled the expertise throughout classes and accelerated the tempo of innovation at eBay. Throughout the areas wherein we make investments, we see continued enhancements in buyer satisfaction and significant enhancements in our development relative to the market.
Our technique is sound, however we will do extra to make sure our success. We have to higher manage our groups to extend velocity – making us extra nimble, bringing related work collectively, and serving to us make selections quicker. Right now, I am sharing information in regards to the modifications we’re implementing to assist eBay higher place itself for long-term, sustainable development.
Crucial and tough of those selections is to cut back our present workforce by roughly 1,000 positions, or roughly 9% of full-time workers. As well as, we plan to cut back the variety of contracts for workers on the ready listing within the coming months. We don’t take these actions evenly and acknowledge the influence they are going to have on all eBay customers. We’ve got to say goodbye to those that have made so many essential contributions to the eBay group and tradition, and it isn’t straightforward.
want for change
Regardless of exterior pressures, resembling a difficult macroeconomic setting, we all know we will do higher by elements inside our management. Whereas we’re making progress with our technique, our whole headcount and bills have outpaced the expansion of our enterprise. To handle this, we’re implementing organizational modifications, aligning and integrating sure groups to enhance the end-to-end expertise and higher serve the wants of our prospects world wide.
Quickly we are going to start notifying these workers whose roles have been eradicated and coming into right into a session course of the place wanted. Leaders will ship the information immediately by way of Zoom, and your VP or eLT members will ship emails when notifications are full of their teams.
We’re asking all U.S. workers to do business from home on January 24 to supply some area and privateness for these conversations. We’re dedicated to treating everybody with respect and compassion throughout this transition and offering help and assets to impacted workers.
Seeking to the long run
These modifications are tough, however I consider that by working collectively, we are going to emerge stronger than ever. Within the coming months, you will notice a extra targeted, agile, and responsive eBay that’s higher capable of advance our aim of making financial alternative for all.