eBay to lay off 9% of workforce in second cut this year
· Economy · United States
eBay will lay off 9 percent of its workforce, or about 1,000 employees, as it focuses on its "top strategic priorities," the company said. It is the second round of job cuts at the online marketplace this year, reflecting pressure to streamline costs as e-commerce competition intensifies. The cuts come amid a broader wave of technology-sector layoffs as companies redirect spending toward AI and automation.
Why it matters:The cuts illustrate how e-commerce incumbents are restructuring as AI and competitors reshape retail economics.
Key points
- The cuts affect about 1,000 employees.
- It is eBay's second round this year.
- The company cited "top strategic priorities."
Sources (original reporting)
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