Day: October 22, 2026

eBay layoffs will eliminate about 1,000 jobs in the San Jose company’s second workforce reduction of 2026, despite a recent rise in revenue. The company confirmed the cuts on October 21. The size of the local impact remains undisclosed as eBay redirects resources toward selected marketplace businesses.

Key Takeaways

• eBay confirmed plans on October 21, 2026, to cut about 9% of its workforce, or roughly 1,000 jobs
• The announcement follows approximately 800 job cuts in February, bringing the two rounds to about 1,800 planned reductions
• Second-quarter revenue rose 15% to $3.1 billion, while gross merchandise volume reached $22.4 billion
• The company has not disclosed how many positions will be eliminated at its San Jose headquarters
• Affected employees are expected to be notified in the coming days, while hiring will continue in selected areas

San Jose-based eBay confirmed Wednesday, October 21, that it plans to eliminate approximately 1,000 jobs worldwide as it reorganizes operations. The announcement comes less than eight months after its previous layoff round and before the company releases its next quarterly financial results.

Chief Executive Officer Jamie Iannone told employees, “Our strategy is working,” according to a memo reviewed by Reuters. The message accompanied a decision to simplify the business and redirect staffing and resources toward areas the company considers priorities.

An eBay spokesperson separately confirmed the reductions and said the company was aligning teams with its “top strategic priorities.” It also plans to continue hiring in selected roles, indicating that the restructuring is not a companywide hiring freeze.

The announcement did not provide a list of affected divisions, individual offices or job categories. That leaves the exact impact on workers at the company’s San Jose headquarters unclear, despite the confirmed worldwide reduction.

eBay’s Second Layoff Round Follows 800 Cuts in February

The October decision follows eBay’s February workforce reductions, when the company announced plans to eliminate about 800 positions, representing roughly 6% of employees at the time. Together, the two announcements cover approximately 1,800 jobs in 2026.

That combined figure describes the two disclosed rounds, not the company’s total change in headcount. Hiring, employee departures and the different dates used to calculate workforce percentages mean the two percentages cannot simply be added to determine the current staffing reduction.

eBay’s annual filing with the Securities and Exchange Commission listed approximately 12,300 workers worldwide as of December 31, 2025. About 7,200 were based in the United States. Those figures predate both rounds of cuts and are not a confirmed count of employees remaining in October.

The February reductions included 243 positions at eBay’s San Jose headquarters and 28 at its San Francisco office, according to California worker notification records. No comparable location-specific breakdown has been publicly provided for the October announcement.

eBay also announced workforce reductions in 2023 and 2024. The latest announcement therefore marks another distinct staffing decision rather than the continuation of a single previously disclosed round.

San Jose Impact Remains Unclear Amid Bay Area Job Cuts

eBay’s headquarters remains in San Jose, but the company has not said how much of the newly announced reduction will occur there. A global estimate of 1,000 jobs cannot be treated as a local layoff count without a corresponding office-level disclosure.

The company had also been consolidating its Bay Area offices. In April, eBay disclosed plans to close its office at 300 Mission Street in San Francisco and move approximately 198 employees to its San Jose campus by September 30, when the San Francisco lease was due to expire.

That earlier announcement concerned a planned office relocation, not the October workforce cuts. It does not establish that the transferred employees are among those now facing layoffs.

Other technology employers in San Jose have announced separate workforce changes. PayPal’s San Jose workforce cuts involve 251 positions, according to a California notice listing October 30 as the effective date. The two companies’ plans are separate and do not demonstrate a shared cause.

Revenue Rose 15% Before the Latest eBay Layoffs

The latest eBay layoffs come after the company reported higher second-quarter sales. In financial results released August 5, eBay reported $3.134 billion in revenue for the quarter ended June 30, up from $2.730 billion in the same period of 2025.

Gross merchandise volume, the value of transactions made through its marketplace, increased 15% to $22.4 billion. Net income from continuing operations was $552 million, compared with $365 million a year earlier.

Advertising also contributed to those results. eBay reported $596 million in revenue from its advertising offerings, including $570 million from first-party advertising products on the platform. The company reported 136 million active buyers worldwide in its second-quarter business figures.

The results show that the workforce decision followed a period of reported revenue and earnings growth. They do not, by themselves, explain why particular teams were selected for reductions. eBay has described the October decision as an effort to simplify operations and concentrate resources, rather than attributing it to a quarterly sales decline.

In August, eBay forecast third-quarter revenue between $3.07 billion and $3.12 billion, including the expected contribution from Depop. Those numbers were guidance, not completed-quarter results. The company has scheduled its third-quarter earnings call for October 28.

Depop Deal and Resale Categories Remain Business Priorities

eBay’s restructuring arrives during a broader push into resale merchandise and selected shopping categories. The company has emphasized authenticated luxury goods, collectibles and refurbished products, which differ from the general listings that have historically defined much of its marketplace.

On July 30, eBay completed its acquisition of Depop, a platform focused on secondhand fashion and used extensively by younger shoppers. According to eBay’s August financial release, it paid approximately $1.4 billion in cash, including preliminary purchase-price adjustments.

Depop gives eBay an additional fashion resale service alongside its established marketplace. The company has described the acquisition as part of its strategy in secondhand commerce, but it has not said that the purchase caused the October workforce reductions or identified Depop employees as targets.

Other initiatives include eBay Live, the company’s live-shopping service. eBay said gross merchandise volume for that service increased roughly eightfold year over year in the second quarter across seven markets. That performance measure applies to eBay Live, not the company’s total marketplace.

Neither the reported growth of those services nor the latest staffing announcement establishes which specific departments will expand or contract. The confirmed October plan remains a reduction of approximately 1,000 positions worldwide, with affected workers to receive notices in the coming days.

Frequently Asked Questions

How many employees will eBay lay off in 2026?

The latest eBay layoffs will affect approximately 1,000 positions, or about 9% of the workforce. Combined with the roughly 800 jobs cut in February, the two announced rounds cover about 1,800 positions.

Will the new eBay layoffs affect San Jose employees?

eBay is headquartered in San Jose, but it has not disclosed how many October cuts will occur there. The previous February round included 243 positions at its San Jose headquarters.

Why is eBay reducing jobs while revenue is growing?

The company says it is simplifying operations and directing resources toward priority areas. It reported a 15% year-over-year increase in second-quarter revenue but has not specified the criteria used to select affected teams.

When will affected eBay employees be notified?

Chief Executive Officer Jamie Iannone said affected employees would be informed in the days following the October 21 announcement. eBay has not publicly disclosed a final completion date for all reductions.