eBay Cuts 9% of Staff in Second Layoff Round of 2026

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eBay is reducing its workforce by about 9%, a move the online marketplace says is meant to streamline operations and concentrate resources on its fastest-growing areas. A company spokesperson confirmed the cuts on Wednesday, October 21, 2026, and said approximately 1,000 employees will be affected. At the end of 2025, eBay had roughly 12,300 employees.

Second reduction this year

The layoffs are the second round at eBay in 2026. In February, the company cut about 6% of its staff, a reduction that affected around 800 employees. Over recent years eBay has steadily reduced its headcount while increasing its spending on artificial intelligence.

In a statement, the spokesperson said the step was taken so the company continues to operate from a position of strength by aligning its teams and resources with its top strategic priorities. eBay also said it will keep hiring in priority areas that match its strategy.

Memo from the chief executive

The cuts were first reported by Reuters, which cited an internal memo from chief executive Jamie Iannone. According to that report, Iannone told staff that the company's strategy is working. "Continuing to capture the significant opportunity ahead requires us to make thoughtful choices about where we focus and invest," Iannone wrote in the memo.

Earlier this year eBay bought Depop, a resale platform for used clothing with a large base of Gen Z and millennial users, from Etsy. The $1.4 billion acquisition was completed in July. eBay shares were up about 1% on Wednesday morning after the layoffs were reported.

Source: EBay to lay off 9% of workforce