— eBay has decided to eliminate nearly 300 Bay Area jobs, including more than 200 in San Jose, the company has told a state labor agency.Blue state blues.....
The job cuts are due to be completed by July 20, eBay stated in notices to the state’s Employment Development Department. Affected employees were notified in the final week of June.
“eBay will conduct a mass layoff,” Amir Vonsover, an eBay employment counsel, wrote in a notice to the EDD.
The job cuts were planned for eBay sites in San Jose, San Francisco and Brisbane, the EDD filing disclosed. They include cuts at the company’s headquarters on Hamilton Avenue in San Jose.
The specific sites affected are 2525 N. First St. and 2145 Hamilton Ave., both in San Jose; 199 Fremont St. in San Francisco; and 8000 Marina Blvd. in Brisbane.
San Jose-based eBay estimated that it would eliminate 224 jobs in San Jose, 41 in San Francisco and five in Brisbane.
“This action is expected to be permanent,” eBay stated in the EDD filing. “No affected employee has any bumping rights.”
Over the one-year period that ended in March, eBay lost $1.64 billion on revenues of $9.84 billion, according to information posted on the Yahoo Finance site.
Wednesday, July 18, 2018
eBay chops hundreds of Bay Area jobs
The San Jose Mercury News reports:
