eBay to cut around 800 roles amid restructuring drive

US online marketplace eBay plans to trim its planetary headcount by astir 6%, equivalent to 800 jobs, arsenic portion of a broader cost-reduction and organisational overhaul.

In a connection emailed to Retail Insight Network, a spokesperson said the restructuring would impact “certain” positions crossed the workforce.

The connection read: “We are taking steps to reinvest crossed our concern and align our operation with our strategical priorities, which volition impact definite roles crossed our workforce.

“We are grateful for the contributions of the employees impacted and are committed to supporting them with attraction and respect.”

The radical has not provided details connected the timing of the occupation reductions oregon whether it expects to incur immoderate charges linked to the restructuring.

The announcement follows an statement by eBay to get second-hand manner level Depop from Etsy successful a transaction valued astatine astir $1.2bn.

Earlier this month, the institution reported fourth-quarter gross of $2.97bn, representing a 15% summation connected a reported ground and 13% maturation connected a foreign-exchange-neutral (FXN) basis.

Gross merchandise measurement (GMV) totalled $21.2bn, up 10% arsenic reported and 8% connected an FXN basis.

Net income from continuing operations came to $525m, oregon $1.14 per diluted share, with operating margins of 20.3%.

For the afloat twelvemonth 2025, gross was $11.1bn, an 8% emergence connected a reported ground and 7% connected an FXN basis.

Net income from continuing operations totalled $2bn, oregon $4.26 per diluted share, with operating margins of 20.5%.

Looking up to the existent quarter, the institution expects adjusted net of betwixt $1.53 and $1.59 per share, with gross forecast successful the scope of $3bn to $3.05bn.

"eBay to chopped astir 800 roles amid restructuring drive" was primitively created and published by Retail Insight Network, a GlobalData owned brand.

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