eBay to Cut 1,000 Jobs in Second Round of 2026 Layoffs
SAN JOSE, CA – October 22, 2026 (STL.News) Online marketplace giant eBay Inc. (NASDAQ: EBAY) is preparing to eliminate approximately 1,000 jobs, representing about 9% of its workforce, in another major restructuring that raises questions about the changing employment landscape in Silicon Valley and the company’s long-term business strategy. The latest workforce reduction, confirmed Wednesday, October 21, marks eBay’s second significant round of layoffs in 2026. The San Jose-based company previously eliminated approximately 800 positions in February, bringing its announced job reductions this year to roughly 1,800. The announcement comes as eBay continues to invest in higher-value merchandise,
Source: Read Original Article