eBay to Cut About 1,100 Jobs as Marketplace Streamlines Operations
What Happened
eBay will lay off about 9% of its workforce, or roughly 1,100 employees, as part of a restructuring aimed at simplifying operations and reallocating resources to faster-growing parts of its business, according to an internal memo from CEO Jamie Iannone reviewed by Reuters. The company confirmed the layoffs, which follow a separate reduction of about 800 jobs, or 6% of staff, in February 2026. Affected employees are expected to be notified in the coming days.
Key Takeaways
The layoffs reflect eBay's effort to streamline operations despite reporting progress in higher-margin categories such as collectibles, luxury goods and refurbished products. The move marks the company's second major workforce reduction in 2026.