EBay to lay off 9% of workforce in its second round of job cuts this year

EBay will lay off about 9% of its workforce in a move to streamline its operations and focus on its fastest-growing areas, a company spokesperson confirmed to CNBC. The layoffs will affect approximately 1,000 employees. "As we work to capture the significant opportunity ahead, this step was taken to ensure we continue to operate from a position of strength by aligning our teams and resources with our top strategic priorities," the spokesperson said in a statement. The company also said it will continue to hire in "priority areas aligned with our strategy." As of the end of 2025, eBay had roughly 12,300 employees. Reuters first reported the news, citing a memo to staff from CEO Jamie Iannone that read in part, "Our strategy is working.