- eBay cutting ~1,000 jobs (9% of workforce).
- Company confirmed layoffs; spokesperson cited strategic priorities.
eBay confirmed it is cutting about 1,000 jobs (9% of workforce) to focus on fashion resale and collectibles. Shares rose 1.5% to $122.97. Analysts see the move as positive for margins and holiday momentum. Q3 earnings due Oct. 28.
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