eBay Cuts About 800 Jobs, 271 Positions Lost in San Francisco

eBay announced cuts of about 800 jobs, roughly 6% of its full‑time workforce, and local reporting put the Bay Area impact at about 271 employees, a significant hit for staff tied to the San Jose e‑commerce hub. The reductions were disclosed days after the company moved to acquire Depop for roughly $1.2 billion in cash, part of a wider restructuring the company said is intended to shift resources toward strategic priorities.

The company disclosed the layoffs on February 26, 2026 and said the moves are meant to fund reinvestment and align organizational structure with those priorities. "We are taking steps to reinvest across our business and align our structure with our strategic priorities, which will affect certain roles across our workforce," the company said, adding it was "grateful for the contributions of the employees impacted and are committed to supporting them with care and respect."

The cuts come on top of two earlier rounds: about 500 roles eliminated in early 2023 and roughly 1,000 roles cut in early 2024, making this the third major downsizing move since 2023. Internal reports and employee accounts indicate reductions touched multiple divisions, with Learning and Operations among the areas employees said were affected, and earlier rounds having included Israel R&D operations.

eBay reported roughly 12,300 employees worldwide as of December 31, 2025 and recently posted full‑year 2025 revenue near $11.1 billion, up about 8% year over year, with fourth quarter revenue increasing 15% to roughly $3.0 billion. Company leaders have framed the layoffs as a reallocation of resources toward marketplace investments and artificial intelligence tools aimed at buyers and sellers while positioning the platform to better reach younger shoppers through the Depop acquisition.

Management said the job reductions "will affect teams across the company and reflect changes to its operating model, including areas of duplication and alignment with future priorities." The move arrives amid intense competition from major retailers and alternative marketplaces named by industry analysts — Amazon, Walmart, Etsy, TikTok Shop, Temu and Shein — as eBay seeks to sharpen operations after posting stronger-than-expected revenue gains.

eBay did not provide a country‑by‑country breakdown of the layoffs in its announcement, leaving local officials and labor filings in California as key avenues for confirmation of the Bay Area and San Francisco County totals. Legal advisers have already issued warnings to affected staff; one counsel put the guidance bluntly: "If you receive a layoff notice or severance offer from eBay, do not sign anything without first obtaining legal advice."

For San Jose and broader Bay Area workers, the layoffs underscore a continuing reshuffle at a company that has cut staff in three waves since 2023 even while reporting recent revenue growth. eBay says the cuts will free resources for reinvestment tied to Depop and other strategic initiatives, and the coming days are likely to reveal which offices and teams in San Francisco County will close or be reconfigured as that shift proceeds.