The US e-Commerce Giant eBay meets the employees of the Netanya announcing them closed to the R & D center, after twenty years of Israel. Nearly 200 employees lose work as part of the step, after the company has implemented many waves in the abstaining activities in Israel. Now the software development activity is one axed, considered more than the company’s core business.
Ebay’s loyalty of its activities in Israel was also tried after the battle of the war, when June 2024 were about 40 employees. At the time, the company admits that it is a “a streamlining step that fits the company’s customers,” but that the R & D Center of Israel “is an important part of eBay’s strategy.”
But now eBay says, “After careful consideration, we have made a difficult decision to close our office with the transitions process.
Experienced growth – but far from the profit shown in the past
The eBay shrinks and prevents control of harm in recent years. US reports also say eBay also plans to close New York offices, based on tcgplayer acquisition, a company that sells eBay offices in Kentucky. New York operations have about 220 employees who have no unionized with collective agreements.
The eBay is facing hard competition from Amazon and Walmart, and Chinese companies like Temu and Shein, who are discouraged in infection of the imports from China in the US.
However, eBay actually experienced growth last year, on his part, risen 33% of the year, and the number of users, continued to grow. In the first quarter of 2022, eBay has 138 million users, then falls 131 million. But by the end of March 2025, the count increases to 134 million. However, the company is still far from the great kanality shown in the years of Covid – its profits turned into ten times and have never been.
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The company, presented by Ebay the administrator of Israel Amir Di-Nur, began with Israeli operations with 350 employees in the Netanya Center. The current wave of dismantling and closing the center of Israel is the fourth wave of denials here for two years. In 2023, eBay puts 30 employees in Israel, at the beginning of 2024 more 20 employees were set, and in June last year 40 employees. At that time, 50 employees remained, and since then, an additional 50 employees have apparently left. According to LinkedIn, the company now strengthens 190 people in Israel.
In a wide state of the state in the development center published last year, many employees express concern about the destruction of Israel’s operations due to the opposite of Amazon. Ebay’s state is actually healed, but war stay.
The eBay beats Amazon’s price increase last year – its stock has joined Amazon’s price, which raises only 8% with 50% with 87%.
Published in Globes, Israel News in News – en.globes.co.il – On May 28, 2025.
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