eBay to lay off 500 employees, 4% of workforce
reuters.com
reuters.com
1) Why? What did they all do?
2) How on earth are they only laying off 500?
After looking through their financials though, I don't even know. They made like 3B in EBITDA In 2020, but then had a very strange financial statment in 2021 and now they lost 3B in EBITDA in 2022.
It seems like up until 2020 they were making enormous amounts of money
You had me up until the "heading into a recession" part. How can you speak so definitively/in absolutes?
I anecdotally found that the less a person understands finance and economics, the more likely they are to make extremely confident absolute statements on their state and future direction.
The Buy It Now products I find better than Amazon a lot of the time. If there's a random PC part I need or something for vintage computing I will always go to eBay first.
Any of the bidding or used hw sales I just stick with Reddit r/*swap subreddits.
I can't figure out what benefit Amazon brings these days... They seem like the most expensive option for anything not mainstream.