Online marketplace eBay is laying off staff in Bengaluru and taking back work to Silicon Valley. The decision came on Wednesday as Donald Trump got elected as the 45th President of United States on promise of bringing back jobs home.
Calling it a part of a global restructuring, the eBay says it has cut jobs at its centre in Bengaluru in favour of shifting them to other locations around the world. The layoffs will affect only those people working in its global product team, while its analytics and India product support teams will be unaffected.
“As a normal course of business, eBay regularly reviews its operational structure and today we announced some changes to our global product and technology team. As a result, we are reducing our overall technology workforce in Bangalore and shifting work to other global centers around the world,” said an eBay spokesperson.
While eBay did not ascertain the exact number of employees affected by the layoff, a person familiar with the development said that 30% of the Bengaluru development center’s workforce had been cut