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eBay announces restructuring plan cutting global workforce by approximately 9%

EBAYEbay Inc

eBay Inc. announced a restructuring plan intended to align teams with strategic priorities for long-term growth. The plan involves reducing the company's current global workforce by approximately 9%. eBay estimates GAAP pre-tax charges of $130 million to $150 million, primarily for severance and post-employment benefits, with most costs recognized in Q4 2026. Actions are expected to be substantially complete by the end of Q1 2027. The company also confirmed it expects third-quarter financial results above previous guidance ranges. eBay operates an online marketplace platform connecting buyers and sellers globally.

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