eBay to cut 9% of staff, its second round of job cuts in 2026
In short
eBay chief executive Jamie Iannone told employees the company will cut 9% of its staff, about 1,100 people according to Kommersant and about 1,000 according to Habr News citing Reuters. An eBay spokesperson confirmed the planned cuts to Reuters. In February the company cut about 6% of staff, or 800 people.
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eBay chief executive Jamie Iannone has told employees that the company will cut 9% of its staff, Kommersant reported on 21 October. The newspaper put the number at about 1,100 people and said the news came from an agency that had obtained Iannone's memo to staff. Habr News, citing Reuters, said about 1,000 people would lose their jobs, so the outlets differ slightly on the number. [ 1 , 3 ]
According to Kommersant, Iannone wrote that the step was taken as part of optimising operations and redirecting resources to the fastest-growing areas of the business. Habr News described the memo in similar terms. Kommersant added that an eBay representative later confirmed the planned cuts to Reuters. [ 1 , 3 ]
The outlets say this is not the first reduction this year. In February 2026 eBay cut about 6% of its staff, around 800 people, and vc.ru called the new round the second wave of cuts since the start of 2026. Habr News said eBay employed 12,300 people at the end of 2025. [ 1 , 2 , 3 ]
Kommersant described eBay as one of the pioneers of internet commerce and said that, as part of a crisis restructuring, it has chosen to focus on selling luxury goods, collectibles and refurbished products that have passed authenticity checks. It said eBay shares have risen almost 40% since the start of the year, well ahead of the S&P 500, which gained about 12%. [ 1 ]
Why it matters
The outlets describe this as the second round of cuts at eBay this year. Kommersant says the company is betting on luxury goods, collectibles and refurbished items, and that its shares have risen almost 40% since the start of the year.
Key facts
- eBay plans to cut about 9% of its workforce. [ 1 , 2 , 3 ]
- Kommersant puts the number at about 1,100 people; Habr News, citing Reuters, says about 1,000. [ 1 , 3 ]
- Chief executive Jamie Iannone informed employees of the cuts in an internal memo. [ 1 , 3 ]
- eBay laid off about 6% of its staff, around 800 people, in February 2026. [ 1 , 2 , 3 ]
- At the end of 2025 eBay employed 12,300 people, according to Habr News. [ 3 ]
- Kommersant says eBay shares are up almost 40% since the start of the year, against about 12% for the S&P 500. [ 1 ]
Confirmed by several sources
Still unclear
- The exact number of employees affected. Kommersant gives about 1,100 people; Habr News, citing Reuters, gives about 1,000.
- Which parts of the business and which locations will be affected. None of the documents say.