Stockreport
Ebay slashes 6% of workforce as e-commerce firm realigns operations [Yahoo! Finance]
Last ebay inc. earnings: 4/29 04:15 pm
Check Earnings Report
US:NASDAQ Investor Relations: investors.ebayinc.com
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: * EBay will cut about 800 jobs, ?or 6% ?of its ?full-timeworkforce, as part ?of a restructuring aimed at aligning staffingwith long-term strategic priorities. * 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. (Reporting by Kritika L
[Read more]
| IMPACT SNAPSHOT | EVENT TIME: | EBAY | ||||
|---|---|---|---|---|---|---|
|
Last Price
|
Price Change
|
Price Change %
|
Volume Shares
|
Max Up
|
Max Down
|
Volume Ratio
%
|
Performance comparison
Updated
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| LAST PRICE | ||
| VWAP | ||
|
High:
|
MAX UP |
High:
|
|
Low:
|
MAX DOWN |
Low:
|
|
%
|
POST NEWS RANGE |
%
|
|
|
PRICE CHANGE |
|
|
|
PRICE CHANGE PERCENTAGE |
|
|
|
S&P 500 (SPX) |
|
|
%
|
VOLUME RATIO |
%
|
| VOLUME (SHARES) | ||
| TICKS | ||
|
|
AVG SHARES PER TRADE |
|
Don't Miss Out On The Next BIG Stock Move
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS
Be the first to know
Opt in for alerts from News Quantifed
Opt-in for
EBAY alerts
EBAY alerts
from News Quantified
Movers & Shakers
The biggest gainers and losers and WHY it moved
EBAY alerts
High impacting eBay Inc. news events
Weekly update
A roundup of the hottest topics
EBAY
NEWS
NEWS
- Bay Area tech giant eBay to lay off 800 workers [Yahoo! Finance][Yahoo! Finance]
- Couple who got live insects, bloody pig mask mailed to them reach settlement with eBay [Fortune][Fortune]
- EBay laying off about 800 roles, or 6% of its workforce [CNBC][CNBC]
- EBay Lays Off 6% Of Global Workforce [Forbes][Forbes]
- A settlement is reached in a case tied to eBay's bizarre deliveries and harassment campaign [Yahoo! Finance Canada][Yahoo! Finance Canada]
- More
EBAY
SEC Filings
SEC Filings
- 2/26/26 - Form 4
- 2/24/26 - Form 144
- 2/24/26 - Form 4
- EBAY's page on the SEC website
- More