EBay confirmed plans to reduce its workforce by 9%, affecting roughly 1,000 employees as part of an operational streamlining effort. A company spokesperson stated the measure aims to maintain operational strength by concentrating teams and resources on key strategic priorities. The online marketplace indicated it would continue recruiting in areas directly aligned with its strategic direction.
This reduction represents the second significant workforce adjustment for eBay in 2026. Earlier in February, the company implemented a 6% reduction that impacted approximately 800 employees. As of the close of 2025, eBay employed approximately 12,300 people.
CEO Jamie Iannone communicated the decision through a memo to staff, emphasizing that the company’s strategy was producing results. He noted that realizing the substantial opportunities ahead necessitates deliberate choices regarding investment and operational focus. The layoffs align with the company’s ongoing shift toward artificial intelligence investment alongside maintaining a leaner organizational structure.
The timing coincides with other recent strategic moves by the company. Earlier this year, eBay finalized its acquisition of Depop, a used clothing resale platform, from Etsy for $1.4 billion in July. The platform attracts a significant user base among younger demographics. EBay’s stock price showed a modest gain of approximately 1% on the business day following the announcement.
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