eBay to Cut 9% of Workforce to Simplify Operations
CEO Jamie Iannone told staff in a memo reviewed by Reuters that eBay will lay off about 9% of its workforce and shift resources to its fastest-growing areas. A spokesperson confirmed the plan.
eBay (NASDAQ: EBAY) will lay off about 9% of its workforce as it seeks to simplify operations and direct resources toward its fastest-growing areas, CEO Jamie Iannone told staff in a memo reviewed by Reuters. An eBay spokesperson confirmed the…