Last mentioned: Mar 1, 2026
Third Restructuring
eBay confirms 800 job cuts (6% of workforce) to realign with strategic priorities post-acquisition.
Third Restructuring Round
eBay confirms 800 job cuts (6% of staff) to integrate Depop and realign priorities.
Third Restructuring
eBay confirms 800 job cuts (6% of staff) to address redundancies and strategic alignment.
Divestiture Announced
Etsy agrees to sell Depop to eBay for $1.2 billion cash to refocus on core operations.
Depop Acquisition
eBay announces $1.2 billion deal to acquire Depop from Etsy to target Gen Z shoppers.
Depop Acquisition
eBay announces $1.2 billion deal to acquire Gen Z fashion app Depop from Etsy.
Depop Acquisition
eBay announces $1.2 billion deal to buy Gen Z fashion app Depop from Etsy.
Second Restructuring Round
eBay eliminates 1,000 jobs (9% of staff) to align labor costs with revenue growth.
Second Restructuring
1,000 jobs (9% of workforce) eliminated; CEO cites labor costs outpacing revenue.
Second Restructuring
1,000 jobs cut (9% of workforce) due to labor costs outpacing revenue growth.
First Restructuring
eBay cuts 500 roles (4% of staff) as post-pandemic consumer spending cools.
First Restructuring Round
eBay cuts 500 roles (4% of staff) as post-pandemic consumer spending cools.
First Restructuring
eBay cuts 500 roles (4% of staff) as pandemic-era online shopping demand cools.
Etsy Acquires Depop
Etsy purchases the fashion resale app for $1.62 billion during the pandemic e-commerce boom.
Integration Period
Etsy attempts to scale Depop as part of its 'house of brands' strategy.
eBay is reducing its global workforce by 6% to align with long-term strategic priorities following its acquisition of Depop. This marks the third major restructuring in three years as the e-commerce giant balances growth in Gen Z markets with aggressive cost discipline.
eBay has announced the layoff of approximately 800 employees, representing 6% of its global workforce, just days after acquiring Gen Z fashion app Depop for $1.2 billion. This move marks the company's third major restructuring in three years as it pivots toward high-growth focus categories and re-commerce.
eBay is cutting 800 roles, or 6% of its global workforce, just days after announcing a $1.2 billion acquisition of secondhand fashion app Depop. This third round of layoffs in three years signals a shift toward aggressive cost discipline and strategic reinvestment in Gen Z-focused growth areas.
U.S. stock futures for the S&P 500 and Nasdaq 100 declined on Thursday morning as escalating tensions between the U.S. and Iran triggered a flight to safety. Investors are simultaneously weighing a heavy slate of corporate earnings from retail and tech giants against a backdrop of hawkish Federal Reserve commentary.
Etsy has agreed to sell its secondhand fashion marketplace Depop to eBay for $1.2 billion in cash, marking a strategic retreat from the Gen Z-focused platform. The deal, which comes five years after Etsy's $1.62 billion acquisition of Depop, was cheered by investors as a move to streamline operations and focus on its core handmade marketplace.
Etsy has agreed to sell its Gen Z-focused fashion marketplace Depop to eBay for $1.2 billion in cash, marking a significant retreat from its 2021 expansion strategy. The deal, which represents a $420 million loss on Etsy's initial purchase price, was met with investor enthusiasm as Etsy shares surged 17%.
Etsy has agreed to sell its secondhand clothing marketplace, Depop, to eBay for $1.2 billion in cash, marking a significant retreat from its 2021 expansion strategy. The deal sparked a 17% surge in Etsy's stock as investors cheered the company's return to its core artisanal roots.