eBay will cut about 9% of its workforce, or roughly 1,000 employees, to streamline operations and focus on its fastest-growing areas, a spokesperson confirmed to CNBC. It is the company's second round of layoffs this year, following a 6% reduction affecting about 800 employees in February, and eBay had roughly 12,300 employees at the end of 2025. The company says it will keep hiring in priority areas aligned with its strategy, and CEO Jamie Iannone told staff in a memo that the strategy is working. The cuts come as eBay steadily shrinks its headcount while ramping up AI spending, and follow its $1.4 billion acquisition of used clothing resale platform Depop from Etsy, finalized in July. Shares were up about 1% on Wednesday morning.
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