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EBay to cut about 9% of jobs in effort to streamline operations, memo shows
Source: The Globe and Mail
M&A & RestructuringManagement & GovernanceCorporate Guidance & OutlookCompany Fundamentals
eBay plans to lay off about 9% of its workforce as it seeks to simplify operations and shift resources to its fastest-growing areas. CEO Jamie Iannone disclosed the plan in a staff memo reviewed by Reuters; no timeline or financial impact was provided.
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