eBay Inc is to restructure its operations worldwide which will lead to a cut in global staffing levels.

“It’s less than 1% globally,” said eBay spokesperson, Sravanthi Agrawal, adding the main regions and countries affected by the online auctioneer’s job cuts were in North America, Belgium, Spain and Austria.

“We shared the news with the employees internally,” she said, adding the company had not yet made an announcement to the media. “It’s a globalization and centralization effort.”

Posted: 03|21|08 at 9:52 am. Filed under: Auction News.