SAN JOSE, Calif. (KRON) — California-based eBay plans to slash its workforce by 4%, according to an SEC filing by the online e-commerce giant. CEO Jamie Iannone wrote a letter to employees announcing that eBay is eliminating jobs in response to the global macroeconomic environment, CNBC reported. "As a result of these considerations and our future-forward plans, I have some hard news to share. Over the next 24 hours, we’ll be letting approximately 500 employees globally know that their jobs will be eliminated. There is no easy way to communicate this — but I do want to share with you why we are making this decision," Iannone wrote. The industries most likely to see layoffs
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