{
  "id": 15913993,
  "title": "eBay layoffs 2026: Company to cut 1,000 jobs in second round of workforce reductions",
  "url": "https://urgent.news/2026/10/21/ebay-layoffs-2026-company-to-cut-1-000-jobs-in-second-round-of",
  "topic": "world",
  "section": "World",
  "published": "2026-10-21T16:41:12.000Z",
  "source": {
    "name": "Hindustan Times - World News",
    "slug": "hindustan-times-world-news",
    "url": "https://www.hindustantimes.com/world-news/us-news/ebay-layoffs-2026-company-to-cut-1-000-jobs-in-second-round-of-workforce-reductions-101792599666568.html"
  },
  "original_language": "en",
  "account": "Ebay, the popular online marketplace, announced plans to cut 1,000 jobs in a second round of workforce reductions, according to a report by CNBC. The company aims to streamline its operations and concentrate its resources on its fastest-growing business areas. This latest round of layoffs affects about 9% of eBay's global workforce, bringing the total job cuts to around 1,500 employees since February 2026. eBay CEO Jamie Iannone stated in an internal memo that the company is making strategic decisions to focus on its main business priorities and make better use of its resources as it prepares for future growth opportunities. Despite the job cuts, eBay plans to continue hiring for roles that align with its business goals. The company reported having around 12,300 employees worldwide in December 2025. The job cuts come after eBay's February 2026 layoff, which affected approximately 800 employees.",
  "summary": "eBay layoffs 2026 will affect 1,000 employees, or 9% of its workforce, as the online marketplace streamlines operations and focuses on key business areas.",
  "key_points": [
    "eBay plans to cut 1,000 jobs in a second round of workforce reductions.",
    "The company aims to streamline operations and focus on fastest-growing areas.",
    "eBay CEO Jamie Iannone stated strategic decisions to focus on main priorities."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}