X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

VANCOUVER, BRITISH COLUMBIA-E-Bay Inc. executives said the company will close its Vancouver facility, according to a Reuters report. The move is part of the online auctioneer’s plan to consolidate its centers throughout North America.

The Vancouver site employees 700 people, while eBay has 16,200 employees worldwide. Personnel will increase at the Salt Lake City location as well as a couple other sites around the globe to prepare for the center’s close at the end of September. Although it remains to be seen how many new positions will open at the other locations.

The San Jose, CA-based company’s officials expect the move to improve efficiency and customer service. Its recent financial reports showed falling sales and profits, leaving executives to find effective ways to cut costs.

To read the Reuters report click here.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.