Ebay Axes 800 Jobs—6% of Its Workforce—After $1.2B Depop Deal [Yahoo! Finance]
eBay Inc. (EBAY)
Last ebay inc. earnings: 4/29 04:15 pm
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Source: Yahoo! Finance
Ebay is laying off 800 employees—roughly 6 percent of its staff—a week after announcing its $1.2 billion acquisition of secondhand clothing app Depop and reporting “very strong” fourth-quarter revenue of nearly $3 billion. “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,” a spokesperson for the online marketplace said in a statement first reported by Bloomberg on Thursday. “We are grateful for the contributions of the employees impacted and are committed to supporting them with care and respect.” More from Sourcing Journal AI is at the Center of WiseTech Global's 29% Staff Reduction AEO Lays Off 200+ in Quiet Logistics Winddown GXO Scales AI Operating System, Eyes Efficiency Gains Amid Muted Demand The San Jose, Calif.-based company's latest cut, which affected multiple departments, marks its third round of layoffs in three years. In early 2024, eBay let go of
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EBAY
Earnings
- 10/29/25 - Beat
EBAY
Sec Filings
- 3/4/26 - Form 4
- 3/2/26 - Form 144
- 2/26/26 - Form 4
- EBAY's page on the SEC website