eBay Announces 800 Job Cuts Amid Strategic Reshaping Post-Depop Acquisition

eBay is cutting 800 jobs, representing 6% of its workforce, shortly after acquiring the Gen Z fashion app Depop from Etsy for $1.2 billion. This move indicates a strategic shift to streamline operations following the high-profile acquisition. Investors and industry analysts should watch eBay's next steps in restructuring and its impact on future growth.