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.

The job cuts are occurring across the company, and are a result of its push to focus on "strategic priorities," eBay said.

The layoff announcement comes a week after eBay agreed to buy secondhand-clothing site Depop and follows job cuts earlier this year by Amazon and Pinterest EBay's stock is up almost 30% over the past ...

Refurbished tech marketplace Back Market wants to make circularity the new normal. Between regulations, marketing and retail ...

During one of my late-night Depop scrolls, I came across a generic branded, somewhat damaged coat that was listed for $50. I rolled my eyes and checked the seller’s account; they had hundreds of ...

The deal was announced on February 18 in a press release from Etsy. It’s expected to close some time in the second quarter of 2026, and, per an email sent to Depop’s customers, after the merger Depop ...

Etsy has agreed to sell Depop to eBay for $1.2bn, a 25% discount to its 2021 purchase price, as eBay targets Gen Z resale shoppers.

But from a pure UX and design standpoint, Depop is far outperforming its competitors by taking its major design cues from ...

Depop is a peer-to-peer circular fashion marketplace that has become hugely popular with younger buyers since it was founded ...

Online marketplace Etsy (NYSE:ETSY) in Q4 CY2025, with sales up 3.5% year on year to $881.6 million. Its non-GAAP profit of $1.34 per share was 1.8% below analysts’ consensus estimates. Is now the ...

Deal agreed to acquire British secondhand fashion resale app from Etsy as eBay attempts to fend off Amazon Gen Z in the US: how are you feeling about your finances? The online retailer eBay has agreed ...

EBAY Inc. forecast first-quarter revenue above Wall Street estimates on Wednesday and announced the acquisition of fashion marketplace Depop from Etsy for nearly $1.2 billion, sending its shares up ...