EBay Cuts 1,100 Jobs to Pivot Toward High-Growth Markets

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. 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 first on PYMNTS.com .