eBay to Lay Off 1,100 Employees
eBay plans to lay off approximately 1,100 employees, which is about 9% of its total workforce, as part of a restructuring focused on reallocating investments toward faster-growing areas. This move follows a previous decision in February to lay off 800 employees, bringing the company's total staff to 12,300 at the end of last year. The goal of these measures is to improve its performance and concentrate resources on its key growth activities.
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