eBay plans to cut about 9% of its workforce as it shifts resources to its fastest-growing business areas. (Photo: Wikimedia Commons)

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eBay will lay off about 9 per cent of its workforce as the online marketplace looks to simplify operations and shift resources to its fastest-growing areas, CEO Jamie Iannone told staff in a memo that was reviewed by Reuters .

A spokesperson for eBay confirmed the layoffs to Reuters on Wednesday.

The ⁠move ​will eliminate around 1,100 jobs, based on the 12,300 employees eBay had at the end of last year. The company also let go of about 6 per cent of its workforce, or 800 ​employees, ​in February as part of efforts to ⁠streamline operations.

eBay has set itself apart from rivals by pushing into authenticated luxury goods, collectibles and ‌refurbished products, which draw enthusiasts willing to pay more for valuable items.…