eBay Announces Second Round of Layoffs This Year, Cutting 9% of Workforce, About 1,000 Jobs

According to foreign media reports, in October 2026, eBay confirmed the launch of a new round of workforce optimization. As of the end of 2025, eBay's total global workforce was approximately 12,300 employees. This layoff affects about 9% of the total workforce, involving roughly 1,000 employees. A company spokesperson stated externally that the move is intended to streamline operational processes, shift teams and resources toward core strategic priorities, and ensure the company maintains an advantageous operating posture to seize future market opportunities.

In an internal memo sent to all employees, CEO Jamie Iannone wrote that the company's current strategy has proven effective, and to continue capturing market growth opportunities going forward, it is necessary to make prudent choices about where to focus investment. The company also made clear that this adjustment will not affect hiring in strategic priority areas, and that it will continue to add teams in areas aligned with its long-term strategy.

This is eBay's second round of layoffs since the start of 2026. In February of this year, the company had just completed a round of workforce reduction amounting to 6%, involving about 800 employees. In recent years, eBay's overall workforce has continued to shrink while it has steadily increased investment in artificial intelligence.

Alongside the workforce adjustments, an important business integration completed by eBay this year is also being implemented. In July of this year, eBay completed the acquisition of Depop, Etsy's secondhand clothing resale platform, for $1.4 billion. The platform's core users are primarily from Gen Z and Millennial groups.

On the capital markets side, during Wednesday morning trading after the layoff news was announced, eBay's stock price edged slightly higher, rising about 1%.

This article was first published on the official website of Ebrun.