EBay Cuts 1,100 Jobs to Pivot Toward High-Growth Markets
By PYMNTS
Source excerpt · PYMNTS
EBay plans to lay off 9% of its workforce, or about 1,100 people, as it sharpens its focus on faster-growing markets, Reuters reported Wednesday (Oct. 21). CEO Jamie Iannone announced the move in a memo sent to staff, which was seen by Reuters, and an eBay spokesperson confirmed the layoffs to Reuters, according to the […] The post EBay Cuts 1,100 Jobs to Pivot Toward High-Growth Markets appeared…