The short answer

eBay is cutting about 9% of its global workforce, according to an internal memo from CEO Jamie Iannone that Reuters reviewed and reported on October 21, 2026, and an eBay spokesperson confirmed the cut to Reuters the same day. eBay has not said how many people that is. Reuters put the figure at about 1,100 jobs, working from the 12,300 employees eBay reported at the end of 2025, while FOX Business put it at about 1,000. It is eBay's second round of 2026, after about 800 cuts in February, according to TechCrunch.

What happened

Iannone told staff in a memo that eBay would reduce its workforce by about 9% to simplify how it operates and move resources toward its fastest-growing areas, per Reuters. Reuters first reported the memo on Wednesday, October 21, 2026, and an eBay spokesperson confirmed the layoffs to Reuters that day. eBay's 8-K filing, signed on October 22, says the restructuring plan was announced on October 20, 2026. An 8-K is a form a public company files with the SEC when something important happens between its regular reports.

Who is affected

eBay has not said which teams or countries would take most of the cuts, per Value Added Resource. The 8-K says the reduction covers the global workforce and that cuts in some countries depend on local law and consultation rules.

A WARN notice is a filing an employer makes with a state when it plans a large layoff. The JobsPipe and Layoff Tracker WARN databases both list a California WARN notice from eBay dated October 21, 2026, for 229 employees in San Jose. Value Added Resource, which read the notice, said it covers software engineering, product management, design, data science and other corporate roles, including 26 director-level and 48 manager-level positions, and that the San Jose cuts are only part of the 9% global reduction.

Value Added Resource also reported that a Chinese publication, Workplace Bonus, said cuts in China could reach 80%, citing unnamed sources, and that an eBay representative told Blue Whale News that China is included in the restructuring but called the 80% figure speculation. eBay has not confirmed any number for China.

When it takes effect

The memo said affected employees would be told in the coming days, per Reuters. eBay's 8-K says the employee restructuring is expected to be substantially complete by the end of the first quarter of 2027, subject to local law and consultation requirements.

What the company said

Per Reuters, Iannone wrote that eBay's strategy is working and that the company must make thoughtful choices about where it focuses and invests. Reuters quoted him as writing, "Our strategy is working." In the 8-K, eBay said the savings would fund its strategic and operating initiatives, and that it expects third-quarter 2026 results above the guidance it gave in August.

Severance and support

eBay's 8-K estimates $130 million to $150 million in pre-tax charges, nearly all of it for severance and post-employment benefits, with most of the charge recorded in the fourth quarter of 2026. eBay has not published the severance terms for individual employees.

Earlier cuts at eBay

  • February 2026: about 800 jobs, roughly 6% of full-time staff, first reported by Bloomberg and confirmed by eBay in a statement reported by TechCrunch on February 26, 2026. A California WARN notice dated February 25, 2026, listed 271 of those jobs, 243 in San Jose and 28 in San Francisco, per the Warn Tracker database and the Mercury News (via The Spokesman-Review).
  • September 2026: Layoff Tracker lists a California WARN entry in San Francisco affecting 198 employees, dated September 30, 2026.
  • Early 2024: about 1,000 jobs, roughly 9% of the workforce, per TechCrunch.
  • Early 2023: about 500 jobs, roughly 4% of headcount, per TechCrunch.

Questions people ask

How many people is eBay laying off in October 2026?

eBay said about 9% of its global workforce, per the memo Reuters reviewed and its 8-K filing, but gave no headcount. Reuters estimated about 1,100 jobs from the 12,300 employees eBay reported at the end of 2025, and FOX Business put the figure at about 1,000.

Which eBay offices are affected?

eBay has not published a breakdown by office. A California WARN notice dated October 21, 2026, lists 229 employees in San Jose, per the JobsPipe and Layoff Tracker WARN databases, and Value Added Resource reported that those cuts are only part of the 9% global reduction.

What severance is eBay paying?

eBay's 8-K estimates $130 million to $150 million in pre-tax charges, nearly all for severance and post-employment benefits. The company has not published the terms offered to individual employees.

Is this eBay's first layoff of 2026?

No. eBay cut about 800 jobs, roughly 6% of full-time staff, in February 2026, per TechCrunch.

Sources