will begin to cut 1,000 roles today, accounting for nine per cent of its workforce, in a desperate effort to position the company for sustainable growth.Company president and CEO Jamie Iannone said in an announcement shared with employees that while 'fundamental changes' in recent years had helped the ecommerce platform 'innovate', there was a way to go to making eBay thrive.Pledging to 'better organize our teams for speed', Iannone committed to 'difficult' changes including redundancies after headcount and expenses 'outpaced' growth.
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