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Tag: Layoffs

PayPal to Layoff 7 Percent of Its Workforce

January 31, 2023January 31, 2023 Ina Steiner
PayPal

PayPal will layoff 2,000 full time employees, which is about 7% of its total workforce, the company announced on Tuesday. It comes as other tech and ecommerce companies have laid off employees, including Amazon and […]

News, PaymentsDan Schulman, Elliott Management, Layoffs, Payments, PayPal, PayPal layoffs

Ecommerce Platform BigCommerce Announces Layoffs, Renewed Focus

December 16, 2022December 16, 2022 Ina Steiner
BigCommerce

BigCommerce is laying off workers and cutting costs as it pushes to reach breakeven by the end of 2023. The ecommerce platform will reduce its workforce by approximately 13% across employees and contractors, it announced […]

Marketplaces, News, Selling ToolsBigCommerce, Layoffs

Heralded as Amazon Rival, Shopify Announces Major Layoffs

July 26, 2022July 26, 2022 Ina Steiner
Shopify

Ecommerce darling Shopify was held up by many as a possible solution for merchants seeking an alternative to Amazon, but the platform’s eyes were bigger than its belly when it came to ramping up hiring […]

Marketplaces, NewsLayoffs, Recession, Shopify, Shopify layoffs, Tobi Lutke

eBay and PayPal Begin Cutting 7 Percent of Workforce

February 3, 2015August 23, 2017 Ina Steiner

eBay’s previously announced layoffs have begun this week, and though details are sketchy so far, it appears workers in India may be bearing the brunt of it. Worldlypost.in reports that of the expected 2,400 global layoffs, 1,000 of […]

Marketplaces, NewseBay, eBay layoffs, Layoffs, PayPal, PayPal layoffs

CommerceHub to Acquire Mercent following Layoffs

December 23, 2014August 26, 2017 Ina Steiner

CommerceHub has signed an agreement to acquire Mercent, which provides digital-marketing services to online retailers. A credible source who wished to remain anonymous said Mercent had laid off a significant number of staff 2 months […]

News, Selling ToolsCommerceHub, Layoffs, Mercent


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