{
  "id": 16002275,
  "title": "eBay to slash 1,000 more jobs, around 9% of workforce",
  "url": "https://urgent.news/2026/10/22/ebay-to-slash-1-000-more-jobs-around-9-of-workforce",
  "topic": "science",
  "section": "Science",
  "published": "2026-10-22T05:11:32.000Z",
  "source": {
    "name": "The Hindu - Sci-Tech",
    "slug": "the-hindu-sci-tech",
    "url": "https://www.thehindu.com/sci-tech/technology/ebay-to-slash-1000-more-jobs-around-9-of-workforce/article71609939.ece"
  },
  "original_language": "en",
  "account": "eBay, the U.S.-based e-commerce platform, announced on Tuesday that it will be cutting an additional 1,000 jobs, bringing its total workforce reduction to around 9% of its employees. This decision was communicated to staff on Tuesday, according to a statement from a spokesperson. The layoffs follow the company's first round of cuts in February, when it eliminated 800 jobs. eBay had 12,300 employees at the end of 2025, before announcing the second round of layoffs. The spokesperson said the company is taking these measures to ensure it operates from a position of strength by aligning teams and resources with its strategic priorities. The company's CEO, Cristiano Amon, explained that the decision stems from the company's evolving needs as it expands into new domains. Despite a return to growth in 2025, eBay has faced several challenging years marked by near-stagnant revenue. In July, the company acquired clothing resale site Depop for $1.2 billion, and in early May, video game retailer GameStop made a takeover offer valuing eBay at $55.5 billion, which was ultimately rejected.",
  "summary": "eBay had 12,300 employees at the end of 2025, before announcing a first round of layoffs in February",
  "key_points": [
    "eBay plans to cut 1,000 more jobs, totaling 9% workforce reduction.",
    "Layoffs follow February's 800 job cuts, with 12,300 employees remaining.",
    "CEO Cristiano Amon cites need to align resources with strategic priorities."
  ],
  "editors_take": "Repeated workforce reductions signal a shift toward leaner operations as the e-commerce platform prioritizes resource alignment for new strategic domains following years of stagnant revenue growth.",
  "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."
}