eBay to lay off 800 staff

eBay has announced a new round of layoffs, affecting 800 employees. This decision marks the company's third workforce reduction in the last three years as it continues to navigate challenges in the e-commerce landscape. The layoffs reflect ongoing adjustments within the company as it seeks to streamline operations and adapt to changing market conditions. eBay has previously undergone similar workforce reductions, indicating a trend of restructuring aimed at enhancing efficiency and competitiveness in the industry. The impact of these layoffs on the company's future strategy and employee morale remains to be seen.

• 800 employees will be laid off by eBay.
• This is eBay's third workforce reduction in three years.
• The layoffs are part of a strategy to streamline operations.
• eBay is responding to ongoing challenges in the e-commerce sector.
• The future impact on the company and employees is uncertain.