Internet commerce company eBay’s plan to cut 2,400 jobs or 7 per cent of its workforce across the globe will also affect its Indian operations, the company said.
“All regions, including India, will be impacted, including all eBay India and PayPal,” eBay India spokesperson said in an email response. However, he refused to share the quantum of job cuts in India.
The firm has two development centres- one in Chennai and another in Bengaluru. Both these house about 2,800 employees doing work for both eBay and payments firm Paypal.
While sources put the quantum of job cuts in India at about 1,000 employees, eBay spokesperson said that would be incorrect, without sharing the specifics.
“The global job cuts involve eBay marketplaces, eBay enterprise and PayPal,” he added.
eBay is in the process of spinning off Paypal into a separate firm, which is expected to be completed in the second-half of 2015. The firm is also mulling spin off its enterprise unit.
Last year, Yahoo laid off 400 employees at its Bengaluru unit, accounting for 3 per cent of its total worldwide. However, this accounted for one third of its staff in Bengaluru, an office that focused on technology, operations, support and engineering.