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E-commerce large eBay introduced Thursday it’s slashing lots of of jobs, simply days after the corporate dropped $1.2 billion in money to amass a classy Gen Z trend app and settled a federal stalking lawsuit involving former executives.
A number of retailers have reported that eBay will lower a complete of 800 roles, or 6% of its workforce, as firm paperwork indicated about 12,300 workers worldwide as of Dec. 31, 2025.
eBay didn’t instantly reply to Fox Information Digital’s request for remark.
HOME DEPOT CUTS 800 JOBS, ORDERS CORPORATE STAFF BACK TO OFFICE FULL TIME
The corporate informed Reuters, “We’re taking steps to reinvest throughout our enterprise and align our construction with our strategic priorities, which is able to have an effect on sure roles throughout our workforce.”
A view of the eBay pop-up retailer is seen on Sept. 20, 2025, in Los Angeles, California. (Getty Photos)
Simply hours earlier than the layoff information, eBay settled a civil lawsuit in opposition to the couple and publication writers David and Ina Steiner. Reuters detailed how former workers despatched the Steiners stay cockroaches, spiders, a funeral wreath and a bloody pig masks to allegedly silence their reporting.
Former eBay executives have been sentenced to jail in 2022, and this week’s settlement was reached for an undisclosed quantity.
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Earlier this month, eBay made headlines for its acquisition of Depop — a customer-to-customer trend market standard with Gen Z and millennials seeking to promote used clothes and niknaks. eBay bought the platform for roughly $1.2 billion in money.
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Depop’s person base is 90% underneath age 34, in line with a press launch, that means eBay is positioning itself to succeed in youthful customers who’ve largely moved away from the normal public sale mannequin.
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“Vogue represents greater than $10 billion in annual gross merchandise quantity (GMV) for eBay and delivered 10% year-over-year GMV development within the U.S. in 2025,” CEO Jamie Iannone mentioned in a press release. “This acquisition presents a chance to advance certainly one of our latest and fastest-growing Focus Classes with a market that enhances our present presence, and allows us to succeed in a youthful demographic throughout the increasing recommerce panorama.”
