PRESS DIGEST- Wall Street Journal – Jan 24

Following are the top stories in the Wall Street Journal. – EBay will lay off about 9% of its full-time workforce, part of efforts to boost performance at a time of rising competition and softer consumer spending, Chief Executive Jamie Iannone said in an internal memo posted on the company's website late Tuesday. – Wayfair employees who work remotely were more likely to be laid off in the latest round of job cuts at the online furniture seller, executives told staff on Tuesday.