eBay announced that it is cutting approximately 800 jobs from its global workforce. “We are taking steps to reinvest in our business and align our structure with our strategic priorities, which will impact certain roles in our workforce,” the retailer said in a statement. bloomberg. The move will lay off about 6 percent of eBay’s current full-time employees. bloomberg Noted that eBay would continue hiring in “key areas” but did not specify which areas those were.
The size reduction follows a week-long business update for eBay. On the same day it shared its latest financial results, the company announced it would acquire Depop, a consumer-to-consumer secondhand fashion retailer from Etsy. The Depop purchase carried a $1.2 billion price tag, which could put at least a small dent in the reported $11.1 billion in 2025 full-year revenues.
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