Ebay slashes 6% of workforce as ecommerce firm realigns operations

Ebay said on Thursday it is cutting ​about 800 ​jobs, or roughly 6% of ​its full‑time workforce, as the e‑commerce company moves to streamline operations and align ‌staffing with ⁠its ⁠strategic priorities.

"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. Here ‌are some details:

The layoffs follow eBay's $1.2 billion acquisition ofDepop, announced last week, as the firm doubles ‌down onsecondhand fashion and Gen Z‑focused platforms. This is ​the third ​round ⁠of layoffs since 2023. The companycut about 1,000 roles (9%) in early 2024, citing ​labor costsoutpacing growth, and about 500 roles (4%) in early 2023, due toa slowdown in consumer spending post pandemic.