SAN JOSE — eBay has slashed 271 jobs in the Bay Area, primarily at the tech titan’s San Jose headquarters complex, the company reported.

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

The e-commerce platform will acquire the Gen Z-favorite for about $1.2 billion, five years after Etsy bought it.

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The marketplace giant, which beat expectations in Q4, said it will continue to hire in certain priority areas.