{
  "id": 15969602,
  "title": "eBay to slash 1,000 more jobs, around 9% of workforce",
  "url": "https://urgent.news/2026/10/21/ebay-to-slash-1-000-more-jobs-around-9-of-workforce",
  "topic": "world",
  "section": "World",
  "published": "2026-10-21T23:06:57.000Z",
  "source": {
    "name": "Free Malaysia Today",
    "slug": "free-malaysia-today",
    "url": "https://www.freemalaysiatoday.com/category/business/2026/10/22/ebay-to-slash-1-000-more-jobs-around-9-of-workforce"
  },
  "original_language": "en",
  "account": "Ebay, the US e-commerce platform, announced on Tuesday that it will cut around 1,000 more jobs, bringing its workforce to approximately nine percent of its current size. This decision comes after the company announced its initial round of layoffs in February. The job cuts were made to ensure that eBay continues to operate from a position of strength by aligning its teams and resources with its top strategic priorities. eBay, which had 12,300 employees at the end of 2025, informed its staff of the cuts on Tuesday. Despite the recent layoffs, the company did not discuss the job cuts when presenting its first- and second-quarter results earlier this year. In July, Ebay acquired the clothing resale site Depop for $1.2 billion, in an effort to capitalize on the growing secondhand apparel market. However, in early May, video game retailer GameStop made an unsolicited takeover offer worth $55.5 billion, valuing Ebay at that amount. However, GameStop's offer was rejected by the Ebay board, with investors questioning how the proposed deal could be financed.",
  "summary": "The US e-commerce platform had 12,300 employees at the end of 2025, before announcing a first round of layoffs in February affecting 800 jobs.",
  "key_points": [
    "eBay plans to cut 1,000 more jobs, reducing workforce to 9%.",
    "Layoffs announced after initial round in February.",
    "Company aims to align teams and resources with strategic priorities."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "New Straits Times",
        "title": "eBay to slash 1,000 more jobs, around 9 per cent of workforce",
        "url": "https://urgent.news/2026/10/21/ebay-to-slash-1-000-more-jobs-around-9-per-cent-of-workforce",
        "published": "2026-10-21T22:50:11.000Z"
      },
      {
        "outlet": "Free Malaysia Today",
        "title": "eBay to slash 1,000 more jobs, around 9% of workforce",
        "url": "https://urgent.news/2026/10/21/ebay-to-slash-1-000-more-jobs-around-9-of-workforce-15975534",
        "published": "2026-10-21T23:06:57.000Z"
      }
    ]
  },
  "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."
}