EBay Announces Second Round of Job Cuts, Laying Off 9% of Workforce

• EBay will lay off 9% of its workforce, about 1,000 employees, in its second round of job cuts this year.
• The layoffs are part of a strategic move to focus on top priorities and simplify operations.
• This decision follows an internal memo that was shared with employees.
• The layoffs are expected to be completed as part of ongoing restructuring efforts.
• EBay aims to streamline its operations and enhance efficiency with these cuts.