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Re:eBay to slash about 1,000 roles, or approximately 9% of f... by nradov on Tuesday January 23, 2024 @08:55PM (#39112674)
I doubt that the decline in advertising revenue has much to do with the staff cuts. Advertisers were driven away by bad PR, changes in content moderation policies, and the extension of the Community Notes feature to ads. Mainstream advertisers are rightly paranoid about anything that would harm their brand images.
Re:eBay to slash about 1,000 roles, or approximately 9% of f... by dghlsakjg on Tuesday January 23, 2024 @09:01PM (#39112707)
One of the big units that he cut was to the trust and safety team, including content moderation and hate speech.

A big part of why he lost so much advertising revenue is advertisers knowing that there isn't the staff necessary to ensure that their accounts are being handled properly, and the content they appear next to is moderated.