From BigGo Finance · BigGo Finance · · 1m 10s
eBay cuts 9% staff in second 2026 restructuring
eBay slashes 9% of staff in second 2026 restructuring as stock outpaces S&P 500.
In brief
eBay slashes 9% of staff in second 2026 restructuring as stock outpaces S&P 500. eBay cuts 1,100 jobs in second 2026 restructuring round, with stock up nearly 40% versus S&P 500's 12% gain. Originally reported by BigGo Finance.
eBay restructuring
eBay will cut about 9% of its workforce, or roughly 1,100 jobs, in its second restructuring round this year.
Previous cuts
eBay trimmed about 6% of its headcount, or some 800 roles, in February 2026.
Total impact
The two rounds remove close to 1,800 jobs, or roughly 15% of the company's year-end headcount.
CEO statement
CEO Jamie Iannone said the company's strategy is working but requires careful decisions about where to focus investment.
Stock performance
eBay shares up nearly 40% in 2026 versus about 12% for the S&P 500.
Depop acquisition
eBay completed its $1.4 billion Depop acquisition in July 2026.
Analyst views
Analysts track a consensus buy rating with average price target of $116.55.
Earnings date
eBay reports third-quarter results on Oct 28, 2026.
The key point
eBay cuts 1,100 jobs in second 2026 restructuring round, with stock up nearly 40% versus S&P 500's 12% gain.
