eBay Plans to Cut About 1,100 Jobs, Reuters Reports
The company plans to eliminate about 1,100 jobs, or 9% of its workforce, according to Reuters, citing an internal memo from CEO Jamie Iannone.
eBay Inc. (EBAY) plans to cut about 1100 jobs, equivalent to 9% of its workforce, as it reorganizes operations and shifts investment toward faster-growing businesses, Reuters reported Wednesday, citing an internal memo from CEO Jamie Iannone.