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EBay to cut 800 jobs, joining other tech names in announcing layoffs as AI reshapes workforces

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eBay is joining other tech companies in announcing layoffs, cutting 800 jobs, amidst the shift towards AI-driven workforces.

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Market impact analysis based on bearish sentiment with 80% confidence.

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Bearish
ثقة الذكاء الاصطناعي
80%
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قصير الأجل

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The layoff announcement comes a week after eBay agreed to buy secondhand-clothing site Depop and follows job cuts earlier this year by Amazon and Pinterest.

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