EBay to cut 1,000 Jobs, reduce contractors to sharpen focus

EBay to cut 1,000 Jobs, reduce contractors to sharpen focus

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By Spencer Soper | Bloomberg EBay Inc. will cut about 1,000 jobs, or 9% of its full-time employees, and reduce work for outside contractors, saying staffing and expenses have outpaced growth. The e-commerce company said it needs to be “more nimble” in the face of a “challenging” economic…

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