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eBay CEO Jamie Iannone announced plans to cut about 9% of its workforce, totaling around 1,000 jobs, in a second round of layoffs this year. This follows 800 job cuts in February as the company seeks to simplify operations and invest in fastest-growing areas ahead of its quarterly results report on 28 October.
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Summary by ByteBrief

eBay Cuts 9% of Workforce Amid Restructuring

Bit Reactor Returns Half Staff After Layoffs

Sources: Flock plans to let go of ~270 employees, or 18% of its staff, at the end of October; the layoffs come after a voluntary buyout program in September (Reuters)