eBay Responds to Rumors of 80% Layoffs in China: Speculation, and It Has Not Exited the Chinese Market

Market rumors suggested that eBay China had launched a new round of staff adjustments this week, affecting major offices including Shanghai, with layoffs in China possibly reaching 80%. In response, an eBay representative told us exclusively that the company carried out global staff adjustments yesterday, with China being part of them; the 80% figure is speculation, and the CEO stated that the adjustments affected 9% of employees worldwide. The representative added that there is a lot of related information online, but it can be confirmed that eBay has not closed its China R&D center and has not exited the Chinese market; our seller-facing events are still progressing steadily, and the annual auto parts seller conference will be held in December. (LanJing News)