US online marketplace eBay plans to reduce its global headcount by approximately 6%, equivalent to 800 jobs, as part of a broader cost-reduction and organisational overhaul.
In a statement emailed to Retail Insight Network, a spokesperson said the restructuring would involve “certain” positions across the workforce.
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The statement read: “We are taking steps to reinvest across our business and align our structure with our strategic priorities, which will affect certain roles across our workforce.
“We are grateful for the contributions of the employees impacted and are committed to supporting them with care and respect.”
The group has not provided details on the timing of the job reductions or whether it expects to incur any charges linked to the restructuring.
The announcement follows an agreement by eBay to acquire second-hand fashion platform Depop from Etsy in a transaction valued at around $1.2bn.
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By GlobalDataEarlier this month, the company reported fourth-quarter revenue of $2.97bn, representing a 15% increase on a reported basis and 13% growth on a foreign-exchange-neutral (FXN) basis.
Gross merchandise volume (GMV) totalled $21.2bn, up 10% as reported and 8% on an FXN basis.
Net income from continuing operations came to $525m, or $1.14 per diluted share, with operating margins of 20.3%.
For the full year 2025, revenue was $11.1bn, an 8% rise on a reported basis and 7% on an FXN basis.
Net income from continuing operations totalled $2bn, or $4.26 per diluted share, with operating margins of 20.5%.
Looking ahead to the current quarter, the company expects adjusted earnings of between $1.53 and $1.59 per share, with revenue forecast in the range of $3bn to $3.05bn.
