eBay announced it will lay off about 9% of its workforce, roughly 1,000 employees, to streamline operations and focus resources on its fastest-growing segments like luxury goods and refurbished products. This follows a 6% workforce reduction earlier this year. The company’s strategy has boosted its stock nearly 40% this year, outperforming the S&P 500. eBay also expanded its reach among younger consumers through its $1.4 billion acquisition of fashion resale platform Depop. The layoffs aim to support continued growth, with earnings results expected next week.
eBay's market cap stands at $53.93 billion as of Oct 21, 2026, 23:21 WIB, with a dividend yield of 1.02%. The stock price is $122.44, up 1.03% on the day, reflecting steady investor interest. On Pluang, 77% of order activity is buying, indicating positive sentiment toward the company despite the announced layoffs.
eBay announced it will lay off about 1,000 employees, roughly 9% of its workforce, to streamline operations and focus on its fastest-growing strategic priorities. This is the second round of layoffs this year, following 800 job cuts in February. The ...
Ebay (EBAY) confirmed a breakout above $119.31 after a five-month consolidation, supported by strong technical indicators like the 50-week moving average and trend channel midline. This breakout signals improving bullish momentum and a continuation o...
