eBay layoffs impact 800 staff as company realigns strategy after Depop deal and record Q4 revenue.
Matilda
eBay To Lay Off 800 Staff
eBay layoffs are affecting approximately 800 full-time employees, representing about 6% of the company's global workforce. The e-commerce marketplace announced the reductions as part of a strategic effort to reinvest in high-priority initiatives and streamline operations for long-term growth. If you're wondering why this is happening now, the move follows eBay's recent $1.2 billion acquisition of Depop and stronger-than-expected fourth-quarter earnings. Here's what we know about the cuts, who's affected, and what it signals for the platform's future direction. eBay Layoffs Mark Third Workforce Reduction in Three Years This latest round of job cuts continues a pattern eBay has navigated over the past few years. In early 2024, the company reduced its workforce by roughly 1,000 roles, representing about 9% of its total headcount at the time. The year prior, in early 2023, approximately 500 employees were impacted, accounting for around 4% of staff. These repeated adj…
