Jamie Iannone

Money Moves

Announced the second round of 2026 layoffs on October 21; the company confirmed it in a filing the next day

eBay confirmed in a securities filing on October 22 that it will cut about 9% of its workforce, roughly 1,000 jobs. The company expects $130 million to $150 million in severance and related charges, mostly booked in the fourth quarter, with the cuts largely finished by the end of March 2027.

Updated Nov 1

Money Moves

Leading eBay's restructuring after a quarter that beat the company's own forecast

eBay filed a state layoff notice on Oct. 21 covering 229 workers at its San Jose headquarters, part of a company-wide cut of about 1,000 jobs, or 9% of its workforce. The notice listed the layoffs as effective that day.

Updated Oct 29

Money Moves

As of May 2026: Defending against unsolicited bid

On May 3, Ryan Cohen sent eBay's board a $56 billion offer to buy the company. On May 12, the board sent it back. The directors called the bid 'neither credible nor attractive' and pointed to the debt the combined company would have to carry.

Updated May 12