The job cuts are occurring across the company, and are a result of its push to focus on "strategic priorities," eBay said.

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The move is part of the company’s effort to “reinvent” itself, according to its statement.

The latest round of layoffs marks eBay’s third workforce reduction in the past three years.

Ebay said Thursday it is cutting about 800 jobs, or roughly 6% of its full‑time workforce, as the e‑commerce company moves to streamline operations and align staffing with its strategic priorities.

Ebay said on Thursday it is cutting about 800 jobs, or roughly 6% of its full‑time workforce, as the e‑commerce company moves to streamline operations and align staffing with its strategic priorities.

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Most business owners believe they own a valuable asset. In reality, many own a demanding job that depends entirely on them.