eBay Layoffs: 1,000 roles being axed to become ‘more nimble’

eBay announced that it’s laying off approximately nine per cent of its full-time workforce, or 1,000 jobs.

The e-commerce company also plans to scale back the number of contractors it has “over the coming months.”

What’s happening at eBay?

In a note to staff on Jan. 23, CEO Jamie Iannone said the job cuts will make eBay “more nimble” and better position the company for “long-term, sustainable growth.”

“Despite facing external pressures, like the challenging macroeconomic environment, we know we can be better with the factors we control,” the note reads.

“While we are making progress against our strategy, our overall headcount and expenses have outpaced the growth of our business. To address this, we’re implementing organizational changes that align and consolidate certain teams to improve the end-to-end experience, and better meet the needs of our customers around the world.”

Iannone added that the company will provide affected staff with “support and resources”, but didn’t explain what exactly will be offered.

eBay layoffs in Canada

It remains unclear if any Canadian employees at eBay have been let go.

According to the company’s LinkedIn page, it has more than 270 workers in the country.

Termination agreements for eBay Canada employees

In Canada, non-unionized employees at eBay are owed full severance pay when they lose their jobs due to downsizing, corporate restructuring, or the closure of the business.

This includes individuals working full-time, part-time, or hourly in Ontario, Alberta, and B.C.

People working “on contract” or as a contractor may also be owed severance pay — given that many employees in Canada are often misclassified as independent contractors.

Severance can be as much as 24 months’ pay, depending on a number of factors.

WATCH: Employment lawyer Lior Samfiru explains why you are still owed severance if you have been downsized on an episode of the Employment Law Show.

Before you accept any severance offer, double-check the amount using our firm’s free Severance Pay Calculator. It has helped millions of Canadians determine their entitlements.

In addition to your salary, make sure to factor in any other elements of your compensation (i.e. bonuses, commission, etc.).

If your employer’s offer falls short of what the Severance Pay Calculator says you are owed, it’s very likely that you have been wrongfully dismissed and should contact an experienced employment lawyer at Samfiru Tumarkin LLP.

Non-unionized employees in Canada have up to two years from the date of their dismissal to pursue proper severance pay.

LEARN MORE
• Severance for provincially regulated employees
• Rights to severance for tech sector staff
• Severance packages during mass layoffs

Major tech layoffs continue

eBay isn’t the only tech company that is reducing its workforce in 2024.

Other notable employers, including Brex, Wayfair, Amazon, YouTube, Google, Instagram, BenchSci, Discord, Twitch, Unity, and Xerox, have also pulled out the axe as they continue to navigate challenging economic conditions.

SEE ALSO
• Firm launches $130M class action against Shopify for breach of contract
• SkyHive Layoffs: More than 30 employees cut, according to reports
• Where are layoffs happening in Canada?

Lost your job? Talk to an employment lawyer

If you have been fired or let go for any reason, contact the experienced employment law team at Samfiru Tumarkin LLP.

Our lawyers in Ontario, Alberta, and B.C. have successfully represented tens of thousands of non-unionized individuals.

In addition to severance package negotiations, we can assist you on a broad range of employment matters, including:

If you are a non-unionized employee who needs help with a workplace issue, contact us or call 1-855-821-5900 to get the advice you need and the compensation you deserve.