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Christine RoTechnology Reporter
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Sainsbury’s is cutting 300 head office jobs as it restructures its technology team and Argos delivery network, creating more separation between the two businesses.
The downsizing follows a week of business updates for eBay. On the same day it shared its latest financial results, the company announced that it would acquire Depop, a consumer-to-consumer secondhand fashion retailer, from Etsy. The Depop purchase carried a $1.2 billion price tag, which could put at least a small dent in the $11.1 billion it reported in 2025 full-year revenue.