EBay Lays Off 6% Of Global Workforce

ToplineE-commerce giant eBay, known for second-hand goods, is laying off 800 jobs worldwide, representing about 6% of its workforce, in an effort to “reinvent” its business, the company said in a statement Thursday, just one week after announcing its acquisition of fashion marketplace Depop for $1.2 billion in cash. (Photo by Justin Sullivan/Getty Images)Getty ImagesKey FactseBay’s stock is down about 2% year-to-date and about 10% over the past month, based on its price ($85.33) on Thursday morning. It’s un ...