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Stock impact report

E-commerce giant shuts down office as layoffs rise [Yahoo! Finance]

eBay Inc. (EBAY) 
Last ebay inc. earnings: 4/29 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.ebayinc.com
Company Research Source: Yahoo! Finance
Once the center of the tech boom, the city is seeing a steady wave of companies scaling back or leaving altogether, driven by high costs, shifting workplace dynamics, and a struggling office market. From Pfizer, which recently closed its research site, to tech firms like Meta, X, and Block, which vacated spaces in recent years, an e-commerce giant has now added its name to the list. eBay is shutting down its San Francisco office at 300 Mission Street , with operations set to wind down on September 30, 2026, as per a Worker Adjustment and Retraining Notification (WARN) filed in California on April 10. And the shuttering has sparked much speculation about the employees working at the site, especially as the company continues to restructure its workforce. eBay's layoffs add to restructuring pressure The office closure comes as eBay continues to cut jobs as part of a broader effort to streamline operations. Earlier this year, the company confirmed plans to lay off about 800 e Show less Read more
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