EBay cutting 1,600 jobs, 10 percent of work force

By RACHEL METZ , AP Technology Writer, Technology / Internet

A man walks in front of Ebay Inc. headquarters in San Jose, Calif., Monday, Oct. 6, 2008. EBay Inc. said on Monday it will cut about 1,000 employees, reducing its work force by about 10 percent. (AP Photo/Paul Sakuma)

(AP) -- After a series of changes designed to draw more people to its online marketplace, eBay Inc.'s latest alteration is aimed at its own employees. The auction site operator said Monday it will cut about 1,600 jobs, 10 percent of its work force, in its largest round of dismissals ever.

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