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Online marketplace eBay will shut its global development centre in Bengaluru, laying off staff and taking back work to Silicon Valley on the day Donald Trump got elected as the 45th President of United States on promise of bringing back jobs home.
“Globally, technology firms want product development closer to the HQ. Twitter also did the same recently,” said Sanchit Vir Gogia, chief analyst and CEO of research firm Greyhound Research. “
Source: Business Standard
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