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eBay layoffs today: 6% of jobs cut days after buying Depop from Etsy
eBay is laying off approximately 800 employees, or 6% of its full-time workforce, to align with “strategic priorities” and reinvest in the business, despite heavily investing in AI previously. This marks the third round of layoffs since 2023 and comes shortly after the company acquired the second-hand clothing app Depop from Etsy for $1.2 billion, aiming to attract younger consumers. The announcement follows strong fourth-quarter earnings for 2025, where eBay exceeded revenue and EPS estimates.