It appears that the Trump effect is already working. eBay is
laying off nearly 100 odd employees from its product and technology team in
Bangalore and shifting work to other global centres.
“As a
normal course of business, eBay regularly reviews its operational structure and
today we announced some changes to our global product and technology team. As a
result, we are reducing our overall technology workforce in Bangalore and
shifting work to other global centers around the world,” an eBay spokesperson
confirmed to Economic Times.
The layoffs, which were first reported by Tech in Asia, are part of a global reorganization of
the tech and product teams, the company says.
“The development centre in Bangalore has two teams, the analytics team and the product and tech team,” the spokesperson added. “The reductions affects the product team, the analytics team is fully intact.”
Without
disclosing the exact number of people to be impacted by the decision, the
spokesperson said that Bangalore centre will now focus on eBay India –
dedicated product and development work. “We remain committed to India and will
continue to invest in core product and technology development for eBay India.”
Last
year, eBay had cut around 350 jobs across its Bangalore and Chennai development
centers, as per several media reports. Employees across eBay Marketplaces and
PayPal business were reportedly impacted in those layoffs.Agencies
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