eBay RIF'd 1000 today - 9% of its employees.

The bloated tech org slashing continues. Or maybe this one is the same but different. They're not nearly as novel or compelling any more. Their fees are insane. So, their prices aren't special. They dialed it back to focus more on collectables. It ain't working.

But at least they've now positioned the company for "long-term, sustainable growth."

Oh.