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eBay to cut 9% of its staff, its second round of layoffs this year

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eBay will cut about 9% of its workforce, around 1,000 jobs, according to an internal memo from CEO Jamie Iannone first reported by Reuters. It follows 800 job cuts in February. eBay says it wants to focus on its fastest-growing areas. It reports results on 28 October.

eBay will cut about 9% of its workforce, its second round of job cuts this year, according to an internal memo from chief executive Jamie Iannone. Reuters first reported the cuts on Wednesday.

Around 1,000 jobs will go, a person familiar with the matter told Bloomberg . Affected staff will be told in the coming days, Reuters said.

In the memo, Iannone said “ our strategy is working, ” but that the next phase “ requires us to make thoughtful choices about where we focus and invest. ” eBay wants to simplify how it runs and move money to its fastest-growing areas, Reuters said.

The company cut about 800 jobs, or 6% of its staff, in February.…

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