SAN FRANCISCO, CA — E-commerce veteran eBay is leaving its San Francisco offices, according to filings by the company with the Employment Development Department
A Worker Adjustment and Retraining Notification report by EDD shows eBay, on Friday, filed its decision to permanently close its San Francisco offices located at 300 Mission St.
The closure of the offices is due to eBay's lease expiring, according to the San Francisco Chronicle.
It's unclear if the eBay officials will look for new offices elsewhere in San Francisco.
The report suggests 198 employees will be impacted by the closure. But those employees won't be laid off, instead being relocated to the company's headquarters in San Jose, according to the San Francisco Chronicle.
The closure is expected to take place on Sept. 30, according to the WARN report.
The move comes nearly two months after eBay laid off 800 employees worldwide — just days after announcing its $1.2 billion acquisition of secondhand fashion platform Depop.
The company denied the layoffs were connected to acquistion, instead claiming they were taking steps to "reinvest across our business and align our structure with our strategic priorities, which will affect certain roles across our workforce."
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