The job cuts are occurring across the company, and are a result of its push to focus on "strategic priorities," eBay said.
The latest round of layoffs marks eBay’s third workforce reduction in the past three years.
The e-commerce giant is taking over Depop from Etsy.
The move is part of the company’s effort to “reinvent” itself, according to its statement.
Bay cuts 800 jobs while investing in AI and acquiring Depop for $1.2 billion, reshaping its workforce to compete in the booming recommerce market.
Ebay said on Thursday it is cutting about 800 jobs, or roughly 6% of its full‑time workforce, as the e‑commerce company moves to streamline operations and align staffing with its strategic priorities.
The layoff announcement comes a week after eBay agreed to buy secondhand-clothing site Depop and follows job cuts earlier ...
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E-commerce retailer eBay is downsizing its workforce by 800 employees as it shifts 'strategic priorities,' and continues to invest in AI.