Mostly Managers and many ICs are let go today in another round of layoff. Second in 6 months, today's layoff impacted many Staff level engineers and mid-tier management. Ebay continues to fall under internal politics and crumbling under devious and vengeful management who works like a dictator and pushes good, long-tenured, hard-working people out coz people resisted the push from management about unreasonable and frankly stupid asks, serving only the management personal interest.
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I have been working for the company for a few years. From what I have seen there is no climate that encourages strong innovation. Departments within eBay feel very detached from each other,
It is like a monster that is being hollowed out of it's true ambition and where people lost sense of how they influence the company as a whole. Like a rich, spoiled child without direction or talent that inherits its success from its parents. eBay has been reduced to a money making machine that lacks vision and if left unchanged will burn out.
Now back to work...
When a company has H1Bs in management/executive positions, they will only hire more H1Bs who won't complaint or quit for many years. It's more about hiring for silent and to help hide their weaknesses, and its cheaper so they look good. Good luck trying to turn those ships around. Everyone knows it is sinking slowly but who cares since it may take10-20 years.
355 people got impacted by 2/13 Layoffs.
Any news from inside? There was an a feel good all hands from Devin this morning that all is good with eBay.
Ebay doesn’t want the high paid talented people any more. In both the lay-offs it just retained low paid less talented ones from what I observed as a very old time employee.
When you are ready to sacrifice talent for saving money you are not growing anymore at least not in Silicon Valley 😊
Ebays best days are behind them. The CFO is only one with brains and willing to make the right moves. Wenig has been on a crash course since the PayPal spin off wasting millions of cash on nonsense. Examples include a replica bar, free breakfasts for all employees and horrible lobby/ Main Street. Wendy Jones the so called COO is more concerned with falling sales in the renovated cafe then customer service and GMV. They hired a Diversity officer and celebrate more LGBT, Black History, Diwali and anything else you can imagine to feel good while Amazon leaves them in dust. “We don’t compete with Amazon” Wenig says at all hands meeting and c---tail hours called Ask Me Anything. No kidding, you’re employees are too busy listening to rah rah BS.
To make matters worse, they are now spending millions of dollars on building a wall around company head quarters for security. Meanwhile their security program is hacked leaving millions of users vulnerable.
Time to spin off the money make Stub Hub and eBay classified. Ditch Wenig and Jones and focus on making eBay great again for sellers and buyers.
The layoff was apparently kept a secret from most of the staff, including first-level managment, until two days ago. It was a basicically a bean-counter decision, and affected so many people that it triggered the CA WARN act which required either a 60 day notice or severance in lieu of the 60 day notice. According to what I read, the layoff was world wide. No one I talked to had a percentage but in my department it was 12.5%.
From what I’ve seen and heard, I agree with the original poster. Ebay is remarkably bloated in management and for a company with some 30,000 employees does a remarkably poor job of maintaining and upgrading their primary product: their desktop sales platform. As an end-user, eBay Mobile has been better (because they took over a whole company in Portland, Oregon--Critical Path, that had a functional management structure and a tight crew of highly-qualified engineers and QA people), but the management decisions even for Mobile have made little sense for the past couple of years. People working hard for months on products that are cancelled before roll-out. No overarching management vision and even less coordination between company divisions.
This is all on top of DW keeping Hal on board after groping an exec admin because letting him go would have hurt the stock. Now he has gone on to where groping grounds are greener. Me Too!