Retail News

EBay cuts 1K jobs, downsizing for the second time this year

Reported by Retail Dive, Daphne Howland on Oct 22, 12:11 PM ET

The layoffs, affecting about 9% of the marketplace giant’s global workforce, will impact all regions where it operates. EBay has downsized its global workforce for the second time this year, a spokesperson confirmed Wednesday. The marketplace is slashing its global staff by 9%, with cuts impacting all regions where it operates. That affects more than 1,000 people and comes after cutting 800 roles in February . EBay has offered only a vague rationale for this latest round of downsizing, saying that it will help further its goals.

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More Retail News

Beyond Yoga aims to have ‘many’ stores. They’ll probably be yellow.

David’s Bridal to spin off Pearl into stand-alone, publicly traded company

Walmart welcomes external AI agents — with some guardrails

Tractor Supply taps former Home Depot exec as chief digital, technology officer

Why customers are fed up with AI chatbots

Amazon eyes 300K holiday hires