eBay Layoffs Rumoured For Thursday

eBay has already confirmed it is planning a round of layoffs. Now a company tipster tells us the internal reckoning is slated to come on Thursday.

The online auction company told us earlier this month it planned a “small” round of layoffs as part of an ongoing restructuring. Inside the company, staff whispered that eBay might shave the bottom 5% of performers, GE style, but a spokesman told us the number of lost positions would be “not even close” to 5%. A rumour also spread that laid off workers would get no severance.

An eBay tipster who helped bring the layoffs to our attention writes that they are now set to happen on Thursday. We’ve asked eBay for comment and will update this post if they provide any.

(Pic: eBay CEO John Donahoe at the eBay Developers Conference in June. Getty.)