eBay to slash 1,000 more jobs, around 9 per cent of workforce
NEW YORK: US e-commerce platform eBay will cut about 1,000 jobs, or around 9 per cent of its workforce, a spokesperson told AFP on Wednesday, following an initial round of layoffs in February.
US e-commerce giant eBay plans to lay off an additional 1,000 employees, amounting to around 9 percent of its total workforce, according to a spokesperson. This announcement follows an initial round of layoffs in February. The company revealed the news to staff on Tuesday, as per a statement released by the spokesperson. The decision to reduce staff was made to strengthen the company's operations by aligning its teams and resources with its top strategic priorities, emphasizing eBay's commitment to supporting the affected employees through this transition with care and respect.
At the close of 2025, eBay had a total of 12,300 employees before it announced the first round of layoffs in February. The company did not mention these job cuts during its presentation of first- and second-quarter results earlier this year. Despite several challenging years characterized by near-stagnant revenue, eBay experienced a resurgence in 2025, with growth accelerating in the first half of the year.
In July, the company took control of the clothing resale platform Depop for a sum of US$1.2 billion, aiming to leverage the expanding second-hand apparel market. Moreover, earlier in May, video game retailer GameStop submitted an unsolicited takeover offer, valuing eBay at US$55.5 billion. However, the offer was ultimately rejected by eBay's board, as investors questioned the financing mechanism for the deal.
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