EBay chops more than 100 Bay Area jobs
Cuts affect workers at 2 sites in San Jose, 1 in San Francisco
SAN JOSE » eBay has decided to jettison more than 100 jobs in the Bay Area, including employment reductions at the company’s Silicon Valley offices and in San Francisco, according to official state government documents.
The employment reductions began on Jan. 15, a notice filed with the state’s Employment Development Department showed.
“eBay Inc. will conduct a mass layoff,” the e-commerce titan said in a letter sent to the EDD on Jan. 15.
Two San Jose locations, including the company’s San Jose headquarters, were affected by the job cuts.
“This action is expected to be permanent,” Amir Vonsover, eBay senior director global employment, legal, and ethics wrote in the letter to the EDD. “No affected employee has any bumping rights.”
Taking the three sites together, eBay eliminated 102 positions.
The job cuts represent a small fraction of tech titan’s total workforce, both globally and nationwide.
At the end of 2018, eBay employed 14,000 people worldwide, including 7,100 in the United States, according to an eBay filing with the Securities and Exchange Commission.
Over the one-year period that ended on Sept. 30, eBay earned $1.99 billion on revenue of $10.86 billion. During the calendar year of 2018, eBay earned $2.53 billion on revenue of $10.47 billion.
The locations of the staff cuts, according to the state labor agency filing: 2525 N First
St. in San Jose; 2145 Hamilton Ave., which is part of the eBay headquarters complex in south San Jose; and 199 Fremont St. in San Francisco.
“All affected employees will receive in excess of the 60 days’ advance notice, or pay in lieu of notice, as required by law,” eBay stated in the EDD letter.
San Jose-based eBay didn’t detail how many positions would be lost at the three locations, respectively.
The job categories involved in the employment cutbacks were across the board. Software and engineering positions made up a large number of job titles listed in the reductions. However, some marketing, legal, finance, and management positions also were affected.
“It is part of our normal course of business to regularly evaluate initiatives and investments for eBay’s continued long-term success,” eBay spokeswoman Julianne Whitelaw said in comments emailed to this news organization. “As a result, we are adding and removing positions as appropriate across the company.”