US e-commerce platform eBay will cut around 1,000 jobs, representing about 9 per cent of its workforce, a company spokesperson confirmed on Wednesday. This marks the second round of layoffs this year.
Staff were informed of the decision on Tuesday. The spokesperson told Agence France-Presse (AFP) that the step was taken “to ensure we continue to operate from a position of strength by aligning our teams and resources with our top strategic priorities.” The spokesperson added that eBay is “committed to supporting them through this transition with care and respect.”
The San Jose, California-based company had 12,300 employees at the end of 2025, before announcing an initial round of 800 job cuts in February. When presenting first- and second-quarter results earlier this year, executives made no mention of the job cuts, reports BSS.
The latest restructuring comes despite the company returning to growth in 2025 and seeing an acceleration in the first half of this year, following several difficult years marked by near-stagnant revenue.
In July, eBay took control of clothing resale site Depop for $1.2 billion, seeking to capitalise on the rise of the secondhand apparel market. Earlier, in early May, video game retailer GameStop made an unsolicited takeover offer valuing eBay at $55.5 billion. GameStop chief Ryan Cohen argued that the group was poorly managed and not innovative enough. The board ultimately rejected the offer, with investors questioning how the deal would be financed.
