EBay Is Laying Off About 800 Workers, 6% of Global Workforce

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by msmash

February 26, 2026

AI-Generated Deep Dive Summary

EBay has announced the layoff of approximately 800 employees, which represents about 6% of its global workforce. The company stated that these cuts are necessary to align its operations with strategic priorities, such as reinvesting in key areas and restructuring its business model. While EBay will continue to hire in fields critical to its future growth, the layoffs reflect a broader effort to streamline its workforce and focus on long-term goals. The decision comes shortly after EBay revealed strong quarterly results, with revenue jumping 15% to $3 billion, exceeding analyst expectations. This financial success has reportedly allowed the company to explore new opportunities, including the recent acquisition of secondhand fashion marketplace Depop for $1.2 billion. The move aims to attract younger shoppers and bolster its position in the growing resale market. However, EBay emphasized that these layoffs are part of a broader strategic shift to reinvest resources and create a more efficient organization. The company acknowledged the contributions of those affected by the layoffs and committed to supporting them with care and respect. While this restructuring is likely to impact certain roles across its global workforce, EBay remains focused on innovation and growth in key areas. This move highlights the ongoing challenges companies face in balancing short-term cost management with long-term strategic objectives. For tech enthusiasts and industry watchers, these developments underscore the dynamic nature of e-commerce and the importance of adaptability in a competitive market. As EBay continues to navigate its transformation, its ability to leverage acquisitions like Depop and maintain strong financial performance will be closely monitored. This story is particularly relevant for those interested in understanding how major tech companies are repositioning themselves to stay ahead in the digital economy.

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Originally published on Slashdot on 2/26/2026