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DEPOP ACQUISITION
EBay to lay off 9% of workforce in push to simplify operationsEBay will lay off about 1,000 employees, representing 9% of its workforce, to streamline operations. The company previously reduced its sta...- EBay forecasts upbeat quarterly revenue as high-value categories drive momentumEBay is set to surpass its revenue forecasts for the third quarter, driven by a renewed emphasis on luxury goods and collectibles. The acqu...
- Ebay slashes 6% of workforce as ecommerce firm realigns operationsThe layoffs follow eBay's $1.2 billion acquisition ofDepop, announced last week, as the firm doubles down onsecondhand fashion and Gen Z‑fo...
- US stock markets today: US stocks slide as tech stocks slide after recent gainsIndian markets saw a dip as heavyweight tech stocks faltered, despite Walmart's strong performance and a significant buyback plan. Investor...
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