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Business

Ebay to cut 800 roles across global workforce to realign structure with goals

Marketplace giant Ebay has said it is slashing around 800 roles across the business, representing 6 percent of its global workforce. The platform confirmed the news in a statement shared with various media outlets, including WSJ, to which it said: “We are taking steps to reinvest across our business and align our structure with our strategic...

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Retail

2024 retail woes: 170,000 jobs lost, worse predicted ahead

The UK retail sector has faced yet another challenging year, with nearly 170,000 shop workers losing their jobs in 2024, according to data published this week by the Centre for Retail Research (CRR). The organisation reported that 13,479 stores shuttered operations between January and December, culminating in 169,395 job losses. The outlook for...

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