EBay is eliminating about 800 roles globally, 6% or so of its staff, the marketplace giant confirmed on Thursday.
The company is continuing to hire in certain areas, though. “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,” a spokesperson said in an emailed statement.
Those priorities include emphasizing consumer-to-consumer marketplace sales, about a quarter of the company’s total gross merchandise volume, and sales of used or refurbished goods, according to CEO Jamie Iannone, speaking to analysts earlier this month.
The news follows eBay’s acquisition of two overseas apparel resale marketplaces. The company acquired U.K. site Depop earlier this month for $1.2 billion and Norwegian site Tise in September for an undisclosed amount. EBay moved more assertively into apparel resale last year by partnering with Vogue publishing house Condé Nast. As part of the mulityear tie-up, eBay will be the publishing house’s “official Pre-Loved Partner.” Fashion generated well over $10 billion in eBay’s GMV globally last year, Iannone told analysts.
The cost-cutting maneuver comes after eBay beat expectations in its most recent quarter, with BNP Paribas Equity Research Senior Analyst Nick Jones describing the results as “Broad-based momentum across the business heading into 2026.” Revenue in Q4 rose 15% year over year to $3 billion, gross merchandise volume rose 10% to $21.2 billion, and net income rose 7% to $648 million. For the full year, revenue rose 8% to $11.1 billion, GMV rose 7% to $79.6 billion, and net income rose 6% to $2.6 billion.
