BusinessPhoto: Deccan HeraldeBay to Cut 9% of Workforce, About 1,000 Jobs Affected
eBay announced it will reduce about 9% of its global workforce, impacting roughly 1,000 employees, as part of a restructuring plan to focus on its top strategic priorities. The company expects pretax restructuring charges of $130 million to $150 million, mostly in Q4 2026, related to severance and benefits. eBay also anticipates third-quarter results to exceed prior forecasts.
Deccan Herald·



