eBay fires entire India product and tech team, except 15 moving to US
PUBLISHED ONNovember 10, 2016 3:04 AMByMalavika Velayanikal
US-based ecommerce giant eBay has just fired its product and tech team in India, except 15 who may be moving to the US. These were staff working out of eBay's development centre in Bangalore. Managing director of eBay India Latif Nathani confirmed the development to Tech in Asia but called it a "benching" rather than a "firing," without revealing any other facts or figures.
"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 centres around the world," eBay's official spokesperson said.
"We remain committed to India and will continue to invest in core product and technology development for eBay India," he added.
He did not disclose the exact number of employees affected. But said that eBay's analytics team was intact.
eBay has been undergoing a major restructuring after its split from PayPal last year. eBay had acquired PayPal in 2002 for US$1.5 billion (S$2.1 billion). Last year, it laid off 350 employees in India across both eBay marketplace and PayPal, which has software development centres in Chennai and Bangalore.
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