eBay Plans 9% Workforce Cut to Streamline Operations
eBay will cut about 9% of its workforce, roughly 1,100 jobs. CEO Jamie Iannone told staff: Our strategy is working.
Business · 23 sources · Oct 21, 2026Read it
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eBay Inc. is an American multinational e-commerce company based in San Jose, California, that allows users to buy or view items via retail sales through online marketplaces and websites in 190 markets worldwide. Sales occur either via online auctions or "Buy It Now" instant sales, and the company charges commissions to sellers upon sale. eBay was founded by Pierre Omidyar in September 1995. In 2021, eBay had approximately 17 million global sellers; in 2023, it reported 132 million annual active buyers worldwide and handled $73 billion in transactions, 48% of which were in the United States. In 2023, the company had a take rate of 13.81%.
Everything about eBay →- Country
- United States
- Headquarters
- San Jose
- Inception
- September 3, 1995, 1995
- Website
- https://www.ebay.com, https://www.ebay.co.uk/, https://www.ebay.de/, https://www.ebay.fr/