eBay to lay off 800 staff
eBay to lay off 800 staff
In Brief
Posted:
eBay is cutting around 800 jobs, or 6% of its full-time employees.
“We are taking steps to reinvest across our business and align our structure with our strategic priorities, which will affect certain roles across our workforce,” the company said in a statement. “We are grateful for the contributions of the employees impacted and are committed to supporting them with care and respect.”
Bloomberg first reported the news.
The move comes a week after eBay said it would acquire Depop, a second-hand clothing app popular with Gen Z and millennials, from Etsy for $1.2 billion in cash.
eBay last week reported fourth-quarter results, with revenue rising 15% to $3 billion, exceeding analysts’ expectations.
This round of layoffs marks the third time eBay has cut jobs in the past three years. In early 2024, it cut 1,000 jobs, or about 9% of its workforce. In early 2023, it laid off about 500 employees, or about 4% of its headcount.
Newsletters
Subscribe for the industry’s biggest tech news
Related
Latest in Commerce
Sponsor
Sponsor
Sponsor
Sponsor
Zoekertjes
Categorieën
Read More
The Best iPhone 17 Cases for 2026Several of my favorite iPhone cases for the iPhone 16 have returned for the iPhone 17, iPhone Air, iPhone 17 Pro and iPhone 17 Pro Max, but top case makers have put out some new case designs for the iPhone 17 Series phones. Note that iPhone 16 cases won't fit iPhone 17 models, which all have different cameras and slightly different dimensions. Like the iPhone 16...
A Cheap Soil Sensor Saved My Fragile Houseplants. Here's HowIndoor plants are notoriously tricky to keep healthy and alive, especially in winter. You're attempting to replicate a complex and naturally accommodating biome inside your home. Plants that thrive in nature wither on your countertop, and sometimes, it's really difficult to pinpoint what it is you're doing wrong.One of the most common...
Running AI models is turning into a memory game When we talk about the cost of AI infrastructure, the focus is usually on Nvidia and GPUs — but memory is an increasingly important part of the picture. As hyperscalers prepare to build out billions of dollars worth of new data centers, the price for DRAM chips has jumped roughly 7x in the last year. At the same time, there’s a growing...
Here’s How to Watch the Original Naked Gun Movies in Order in One Convenient Place Why You Can Trust CNET Our expert, award-winning staff selects the products we cover and rigorously researches and tests our top picks. If you buy through our links, we may get a commission. Reviews ethics statement The Naked Gun 2025 reboot is out, so now's a great time to revisit the original...
Trump removes video with racist clip depicting Obamas as apesBernd Debusmann Jrat the White HouseGetty ImagesTrump and other administration officials routinely share memes and AI-generated imagery.US President Donald Trump has removed a social media video which included a racist clip depicting Barack and Michelle Obama as apes.The clip - set to the song The Lion Sleeps Tonight - was at the end...
