E-commerce Giant eBay to Cut 30% of Staff in Web3 and NFT Departments, Employees Criticize Lack of Leadership Skills in Management

According to NFTgators, e-commerce giant eBay recently announced layoffs in its Web3 department, which has resulted in a workforce reduction of up to 30%. This comes after eBay’s previous acquisitions of the NFT marketplace KnownOrigin and the trading card marketplace TCGplayer several years ago.