eBay Inc. (NASDAQ:EBAY) shares are trading higher in the premarket session on Wednesday.
The e-commerce marketplace operator said in a company statement that it will slash its workforce by approximately 1,000 roles or an estimated 9% of full-time employees.
Additionally, the company said it plans to scale back the number of contracts within the alternate workforce over the coming months.
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“These are not actions we take lightly — and we recognize the impact they will have on all eBayers. We have to say goodbye to people who have made so ...