eBay layoffs: Hundreds of jobs slashed with stock riding high. ‘Our strategy is working,’ says CEO

fastcompany.com · 2026-10-22

Despite a strategy shift that has significantly boosted shares, the e-commerce giant is undergoing its second round of major job cuts this year.

TickrTrends take: eBay's recent layoffs represent a cost-reduction strategy that may temporarily support profitability metrics, yet TickrTrends currently assesses the stock as overvalued despite management's assertion that the strategy is succeeding. For valuation-focused investors, the key question is whether expense reductions can sustainably justify the stock's current price level or if cost-cutting measures mask underlying demand challenges in the Consumer Cyclical sector. Monitoring whether the company can demonstrate revenue growth alongside margin expansion will be critical to determining if the current valuation multiple is warranted.

Read the full story at fastcompany.com →