eBay to Cut 9% of Workforce in Second 2026 Layoff Round Ahead of Q3 Earnings

eBay Inc. will eliminate 9% of its workforce to streamline operations and focus resources on its best-performing business units, according to a report by Reuters, marking the e-commerce company's second round of layoffs in 2026. The reduction follows an earlier cut in February when eBay announced plans to eliminate around 800 positions, or 6% of its staff at the time, adding to previous workforce reductions enacted in early 2023 and early 2024. Earlier in 2026, eBay acquired secondhand fashion marketplace Depop to better compete against Lithuanian rival Vinted's US expansion, though eBay disclosed in August that the transaction cost $200M more than initially announced. The extra $200M acquisition cost could weigh on third-quarter earnings, which the company is scheduled to report on Oct. 28, while eBay shares initially plunged in premarket trading before recovering to little changed. "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." — eBay Spokesperson