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Ebay to Reduce Workforce by 9 Percent

Roughly 1000 full-time employees will be affected.




Ebay to Reduce Workforce by 9 Percent
eBay’s Canal Street Wear pop-up shop. PHOTOGRAPHY: Courtesy of eBay

Ebay (San Jose, Calif.) is planning to reduce its workforce by 9 percent, according to a company statement. This move will affect about 1000 of its full-time employees.

Additionally, says Ebay President and CEO Jamie Iannone, “…we plan to scale back the number of contracts we have within our alternate workforce over the coming months. These are not actions we take lightly — and we recognize the impact they will have on all [Ebayers]. We have to say goodbye to people who have made so many important contributions to the [Ebay] community and culture, and this isn’t easy.”

The company statement was originally sent as a memo to the company’s internal workforce Tuesday, Jan. 23, before being publicly released. Employees affected by this change are currently being notified.



When the Kids Have Their Own Careers, Wilkerson Can Help You to Retire

Alex and Gladys Rysman are the third generation to run Romm Jewelers in Brockton, Mass. And after many decades of service to the industry and their community, it was time to close the store and take advantage of some downtime. With three grown children who each had their own careers outside of the industry, they decided to call Wilkerson. Then, the Rysmans did what every jeweler should do: They called other retailers and asked about their own Wilkerson experience. “They all told us what a great experience it was and that’s what made us go with Wilkerson.” says Gladys Rysman. The results? Alex Rysman says he was impressed. “We exceeded whatever I expected to do by a large margin.”

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