eBay to eliminate 1,000 jobs in second round

eBay is planning to cut approximately 1,000 jobs, about 9% of its workforce, as part of ongoing efforts to streamline operations and focus on growth areas. The layoffs follow a previous reduction in February and come ahead of the company's upcoming quarterly earnings report. eBay has recently expanded into categories such as luxury goods, collectibles, and refurbished items, including the acquisition of fashion marketplace Depop.

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