Business 15 sources · today Latest coverage 22 Oct 2026, 11:23 am UTC

eBay Plans 9% Workforce Cut in Second Layoff Round of 2026

The online marketplace is cutting roughly 1,000 more jobs as it simplifies operations and concentrates on growth businesses, following 800 job cuts announced in February.

By Hushread Stories, written with AI from 15 outlets · First published 22 Oct 2026

In brief

  1. eBay plans to eliminate about 9% of its workforce in its second round of job cuts this year.
  2. Most reports put the latest reduction at around 1,000 jobs, while another puts it at about 1,100.
  3. CEO Jamie Iannone outlined the planned cuts in an internal memo describing a push to simplify operations.
  4. The company announced 800 job cuts in February after ending 2025 with a workforce of 12,300 employees.
  5. Its business focus includes luxury goods, collectibles and refurbished products as it directs resources toward growth areas.
eBay Plans 9% Workforce Cut in Second Layoff Round of 2026
Source: Times now

Timeline · 5 moments

5 moments Open the full timeline →

Iannone says strategy is working amid luxury push

Times of India Top Stories ↗

Restructuring focuses on luxury, collectibles and refurbished products

Business Line - Home ↗

Internal memo reveals another 9% workforce reduction

Reuters ↗

Coverage identifies February cuts affecting 800 jobs

The Next Web ↗

Report establishes year end workforce at 12,300 employees

NDTV Top Stories ↗

How it started

eBay entered 2026 with 12,300 employees, then announced 800 job cuts in February, according to NDTV Top Stories. The latest reduction makes this the online marketplace's second round of layoffs this year.

The company is narrowing its focus while restructuring. Business Line - Home reported that eBay is concentrating on high-growth segments including luxury goods, collectibles and refurbished products.

How it unfolded

On October 21, Reuters reported that an internal memo showed eBay planned to cut 9% of its workforce in a push to simplify operations.

The memo came from CEO Jamie Iannone, according to The Next Web, which put the reduction at around 1,000 jobs and linked it to the earlier February cuts. CNBC also reported about 1,000 affected employees, saying the company wanted to focus on its "top strategic priorities."

The reported headcount is not entirely consistent. Indian Express put the planned reduction at about 1,100 jobs, while CNBC and several other reports put it at around 1,000. The reports agree on the proportion being cut: roughly 9%.

Coverage on October 22 added detail about the business emphasis. Times of India Top Stories reported a focus on authenticated luxury items and collectibles, alongside Iannone's statement that "Our strategy is working."

Where it stands

The latest plan adds another substantial workforce reduction to the cuts announced in February. The stated aim is to simplify operations and concentrate resources on priority businesses, according to Reuters and CNBC.

The supplied coverage does not identify which teams or locations will lose jobs, give a completion date or describe severance arrangements. It also does not establish that the newly announced cuts have already been carried out.

What to watch

The immediate unanswered questions are which roles will be affected and when the reductions will take place. More detailed figures would also clarify whether the final number is closer to the roughly 1,000 jobs reported by CNBC or the approximately 1,100 reported by Indian Express.

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