Key facts
- GameStop is considering withdrawing its $56 billion bid to acquire eBay.
- GameStop CEO Ryan Cohen is reportedly considering the withdrawal.
- eBay's board had previously rejected GameStop's offer.
- Imperial Brands is preparing to cut thousands of jobs.
- The job cuts will affect the U.S. and Europe.
- Some roles are being outsourced as part of cost reduction.
- The layoffs will affect various departments at Imperial Brands.
GameStop CEO Ryan Cohen is reportedly considering withdrawing the company's $56 billion bid to acquire eBay, according to Bloomberg News. The eBay board had previously rejected the offer. This development comes as GameStop explores strategic options.