Job cut plan to hit eBay India headcount

January 31, 2015 10:19 pm | Updated 10:19 pm IST - CHENNAI:

An eBay sign is seen at an office building in San Jose, California, in this file photo taken May 28, 2014. E-commerce company eEbay Inc on Wednesday announced an agreement with activist investor Carl Icahn that will give investors a greater say in its PayPal payments unit once it is spun off and said it exploring a sale or public offering of its enterprise unit.REUTERS/Beck Diefenbach/Files   (UNITED STATES - Tags: BUSINESS)

An eBay sign is seen at an office building in San Jose, California, in this file photo taken May 28, 2014. E-commerce company eEbay Inc on Wednesday announced an agreement with activist investor Carl Icahn that will give investors a greater say in its PayPal payments unit once it is spun off and said it exploring a sale or public offering of its enterprise unit.REUTERS/Beck Diefenbach/Files (UNITED STATES - Tags: BUSINESS)

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.

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