EBay to ax 9% of workforce — 1,000 jobs — in second round of cuts this year

eBay is eliminating approximately 1,000 positions, representing 9% of its workforce. This marks the second round of layoffs this year, following 800 job cuts in February. According to an internal memo from CEO Jamie Iannone, the company aims to simplify operations and shift resources toward its fastest-growing areas. The online marketplace is scheduled to report its financial results on 28 October. The move focuses on organizational efficiency and strategic resource reallocation across the company.