EBay cuts 1K jobs, downsizing for the second time this year
The layoffs, affecting about 9% of the marketplace giant’s global workforce, will impact all regions where it operates.
E-commerce
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eBay cuts another 1,000 jobs despite solid growth
The e-commerce platform eBay is cutting approximately 1,000 jobs worldwide, representing 9% of its workforce. This is already the second major round of layoffs this year. The…
Fnac Darty grows despite unrest in France
Fnac Darty posted a 1.8% increase in revenue on a comparable basis in the third quarter. Results were driven primarily by European markets outside France and online sales. The…
Ebay to cut 1,000 jobs as it seeks to simplify operations
Online marketplace plans to reduce its workforce by about 9% as it shifts resources towards faster-growing areas
Amazon eyes 300K holiday hires
The e-commerce giant is increasing U.S. holiday staffing by 20% compared to the past three seasons.
Shipt expands roster of grocery partnerships
The Target-owned e-commerce operator has started offering same-day delivery for Wakefern Food Corp.
Kroger unveils 3 refreshed store formats
The updated designs offer more space for fresh products and e-commerce while paring back on areas like general merchandise, executives said at the grocer’s investor day event.
GUEST COMMENT Will Vinted’s new rules drive the fight against fakes offline?
IP lawyer Daniel Fletcher from Forbes Solicitors explains why Vinted's updated Terms and Conditions, designed to deter the sale of counterfeit goods, could have unintended…
Carrefour lowers forecasts following violent protests in France
The recent riots in France are weighing on consumer confidence and threaten to drive up costs, Carrefour says. Despite a rise in sales in the third quarter, the retailer has…
Amazon invests 16.9 billion euros in German AI, cloud computing, and satellite internet
Amazon has announced that it will invest more than 16 billion euros in its German operations by 2027. The investment is intended to further drive growth in cloud computing…
Debenhams Group launches faster payment scheme for 30,000 marketplace partners
Debenhams Group has launched a new cash flow solution, enabling its 30,000-plus marketplace brand partners to access sales revenue faster. The group has partnered with Storfund to…
Tesco launches 500-screen advertising blitz across Booker’s UK wholesale estate
Tesco-owned Booker has rolled out more than 500 digital advertising screens across 100 UK wholesale sites, turning its cash-and-carry estate into a new retail media network aimed…