EBay to lay off 9% of workforce in its second round of job cuts this year

by | Oct 21, 2026 | Business

EBay to lay off 9% of workforce in its second round of job cuts this year

eBay announced plans to reduce its workforce by approximately 9%, impacting around 1,000 employees as part of a broader operational restructuring. The company stated the reduction will help it operate efficiently while directing resources toward key strategic initiatives. A company spokesperson emphasized that the organization intends to continue recruitment in priority areas that align with its strategic direction.

The layoffs represent the second significant workforce reduction at the e-commerce platform this year. An earlier reduction in February had affected approximately 800 employees, representing a 6% cut to headcount. Combined, the two rounds of cuts this year reflect a deliberate effort to reshape the company’s organizational structure.

CEO Jamie Iannone communicated the decision to staff, noting that capturing growth opportunities requires careful decisions about resource allocation and investment areas. The spokesperson’s statement framed the action as necessary to maintain operational strength amid the company’s strategic evolution. eBay employed roughly 12,300 people at the close of 2025.

The layoffs occur as eBay has been progressively reducing its overall headcount while simultaneously increasing investment in artificial intelligence capabilities. Earlier this year, the company completed its acquisition of Depop, a used clothing resale platform, from Etsy for $1.4 billion in a deal finalized in July. The purchase expanded eBay’s reach into the resale market with a platform popular among younger demographics.

EBay’s stock price moved upward in trading, rising approximately 1% on the morning the layoff announcement was disclosed.

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