eBay to eliminate 1,000 roles, reducing full-time workforce by 9%: 'This is not easy'

eBay will begin reducing its workforce by approximately 9% – about 1,000 full-time roles – in efforts to "better position eBay for long-term, sustainable growth," the company announced Tuesday. In a news release, which was also sent to employees, eBay president and CEO Jamie Iannone said the "fundamental changes" put into place over the past three years have "accelerated the pace of innovation" and resulted in increased customer satisfaction and improved market growth, but "there is more" the company can do ...