eBay to cut about 1,000 jobs in second round of layoffs
eBay will lay off about 9% of its staff, CNBC and Reuters reported, and a spokesperson told CNBC that is about 1,000 people. It is the company's second round of job cuts this year. In a memo to staff, CEO Jamie Iannone wrote, "Our strategy is working," Reuters reported.
eBay will lay off about 9% of its workforce, according to CNBC and Reuters. A company spokesperson said the cuts will affect about 1,000 employees, CNBC reported.
It is the online marketplace's second round of layoffs this year, CNBC and Reuters reported. In February, eBay cut about 6% of its staff, or about 800 people, CNBC said. The company had about 12,300 employees at the end of 2025, CNBC reported.
Reuters first reported the cuts, citing a memo to staff from CEO Jamie Iannone. "Our strategy is working," the memo said in part, according to Reuters.
"Continuing to capture the significant opportunity ahead requires us to make thoughtful choices about where we focus and invest," Iannone wrote, according to CNBC, which cited the memo seen by Reuters.
A spokesperson said the cuts line up teams and money with the company's "top strategic priorities," CNBC reported. The goal is to make the company run more simply, it said. The company said it will keep hiring in "priority areas aligned with our strategy," CNBC reported.
Reuters said eBay has been pushing into areas such as luxury goods checked for authenticity, collectibles and refurbished items. The company wants to focus on the parts of its business that are growing fastest, CNBC reported. Reuters described the layoffs as part of a push to simplify how eBay operates.
eBay has been shrinking its staff over recent years while it spends more on artificial intelligence, CNBC reported. This year it also bought Depop, a used clothing app popular with younger shoppers, from Etsy, CNBC reported. The $1.4 billion deal closed in July, it said.
What we know: eBay is cutting about 1,000 jobs, or roughly 9% of its staff.
What we don't: Which teams and locations will lose the most jobs.
Where outlets agree CNBC and Reuters report that eBay will lay off about 9% of its workforce in its second round of job cuts this year, and that CEO Jamie Iannone wrote in a memo that the strategy is working.
Where they differ CNBC, citing a company spokesperson, puts the cuts at about 1,000 employees, while Reuters gives only the 9% share and no head count.