eBay to lay off 9% of workforce in second round of cuts this year
eBay plans to cut roughly 9% of its staff in an effort to streamline operations and shift investment toward high-growth business units, according to a CEO memo reviewed by Reuters.
EBay plans to eliminate approximately 9% of its workforce, according to an internal CEO memo seen by Reuters. The online marketplace said the job cuts are aimed at simplifying operations and reallocating resources toward higher-growth areas and top-performing units.[1][3][5][6][8]
The reduction is expected to affect roughly 1,000 to 1,100 roles. Mint reported that the 9% cut could touch around 1,100 employees based on eBay's total workforce of 12,300 at the end of last year.[2][4]
The downsizing marks the company's second round of workforce reductions this year. In February, eBay cut around 800 workers, or roughly 6% of its employees, during an earlier restructuring effort.[3][4][6][7][9]
Key facts
- eBay is cutting approximately 9% of its workforce, according to a CEO memo reviewed by Reuters.
- The company stated the reductions are intended to simplify operations and reallocate resources toward high-growth areas.
- The layoffs mark eBay's second round of job cuts this year.
- The layoffs are expected to affect between 1,000 and 1,100 roles, following a reported year-end headcount of 12,300.
- eBay previously laid off about 800 employees, or 6% of its staff, in February.
Sources · 9 sources
- TS
The Straits Times@straits_timesPost on X ·
eBay to lay off 9% of workforce in push to simplify operations, internal memo shows https://t.co/hQDuKU1ZhL
Open source - PO
Polymarket@PolymarketPost on X ·
JUST IN: eBay announces plans to lay off 9% of its workforce, cutting approximately 1,000 jobs. — Reuters
Open source - BL
Bloomberg@businessPost on X ·
EBay will eliminate 9% of its workforce in an effort to streamline operations and prioritize its best-performing units, Reuters reported, marking the company’s second round of job cuts this year https://t.co/hNkqaiWnUS
Open source - MI
Mint@livemintPost on X ·
eBay layoffs could affect around 1,100 employees, based on eBay's workforce of 12,300 at the end of last year. The company had also reduced its workforce by about 800 employees, or 6%, in February as part of an earlier restructuring effort. Read more: https://t.co/O1SGzAv4c2 https://t.co/RN1l2AWlj7
Open source - UW
unusual_whales@unusual_whalesPost on X ·
eBay, $EBAY, plans to cut about 9% of its workforce, according to a CEO memo seen by Reuters. The company says the cuts are meant to simplify operations and focus on its growth areas.
Open source - TE
TechmemeArticle ·
Memo: eBay is cutting ~9% of its workforce to simplify operations and reallocate resources toward high-growth areas; eBay cut 6%, or ~800 staff, in February (Reuters) Reuters : Memo: eBay is cutting ~9% of its workforce to simplify operations and reallocate resources toward high-growth areas; eBay cut 6%, or ~800 staff, in February — EBay (EBAY.O) will lay off about 9% of its workforce as the online marketplace looks to simplify operations and shift resources …
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CNBC@CNBCPost on X ·
EBay to lay off 9% of workforce in its second round of job cuts this year https://t.co/nLaeasiJWE
Open source - *B
*Walter Bloomberg@DeItaonePost on X ·
$EBAY - EBAY TO CUT ABOUT 9% OF WORKFORCE TO SIMPLIFY OPERATIONS, PRIORITIZE GROWTH AREAS, CEO MEMO SEEN BY REUTERS SHOWS
Open source - TE
Techmeme@TechmemePost on X ·
Memo: eBay is cutting ~9% of its workforce to simplify operations and reallocate resources toward high-growth areas; eBay cut 6%, or ~800 staff, in February (Reuters) (Visit Techmeme dot com for the link and full context!)
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