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

October 6th, 2008 in Technology / Internet
EBay cutting 1,600 jobs, 10 percent of work force

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.

Content from The Associated Press expires 15 days after original publication date. For more information about The Associated Press, please visit www.ap.org .