eBay to lay off 800 staff
The latest round of layoffs marks eBay’s third workforce reduction in the past three years.
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The layoffs affect hundreds of full-time workers in the US, according to an internal memo obtained by TechCrunch.
The Bezos-owned newspaper gutted its San Francisco bureau and coverage of tech — including journalists reporting on Amazon and Blue Origin
This is Amazon’s second layoff after the company cut 14,000 corporate jobs in October.
Vimeo is in the process of laying off some of its global staff after being acquired last year by Bending Spoons for $1.38B.
Meta is laying off 10% of staff in its Reality Labs division, which is core to developing the company’s VR and metaverse products.
The exact impact AI will have on the enterprise labor market is unclear but investors predict trends will start to emerge in 2026.