{"schema_version":"secwatch.filing_event.v1","accession":"0001552781-24-000014","form_type":"8-K","ticker":"EBAY","cik":"0001065088","company_name":"EBAY INC","filed_at":"2024-01-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.268045+00:00","generated_at":"2026-06-06T19:01:08.244177+00:00","sec_items":["2.02","2.05","8.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"eBay announces restructuring: cutting ~1,000 roles (~9% of workforce); expects $90M-$110M in charges","bullets":["Workforce reduction of ~1,000 employee roles (~9% of full-time employees); also plans to scale back contractor count.","Pre-tax GAAP charges of $90M-$110M, primarily severance and post-employment benefits; majority recognized in Q4 2023.","Restructuring substantially complete by end of Q2 2024; savings expected to help grow expenses slower than revenue in 2024.","Q4 and FY 2023 results expected to be at or slightly above higher end of prior guidance."],"urls":{"canonical":"https://secwatch.observer/filing/0001552781-24-000014","json":"https://secwatch.observer/filing/0001552781-24-000014.json","markdown":"https://secwatch.observer/filing/0001552781-24-000014.md","text":"https://secwatch.observer/filing/0001552781-24-000014.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1065088/000155278124000014/0001552781-24-000014-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1065088/000155278124000014/e24018_ebay-8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T19:01:08.244177+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"547a24123f65f3c9924b9ebd8e7d1ad6448353ee","claim":"EBAY INC updated its the quarter and year ended December 31, 2023 guidance (raised).","evidence_excerpt":"On January 23, 2024, eBay Inc. (the “Company” or “eBay”) announced a restructuring plan (the “Plan”) intended to reduce operating costs, improve operating efficiency and better align the Company’s talent with its strategic priorities to drive long-term sustainable growth. In addition to this announcement, the Company confirmed that it expects that its financial results for the quarter and year ended December 31, 2023 will be at least consistent with or, in the case of some measures, slightly above, the higher end of the guidance for the quarter and year ended December 31, 2023 that was previously provided by the Company in its last earnings announcement in November 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1065088/000155278124000014/0001552781-24-000014-index.htm","confidence":0.7,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter and year ended December 31, 2023"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"},{"claim_id":"7a0945005c528141dac56a3fbefc91d1fc10e17c","claim":"EBAY INC announced a restructuring with charges of $90 million to $110 million (approximately 1,000 employee roles, or 9%).","evidence_excerpt":"the Company currently estimates that it will incur GAAP pre-tax charges in the range of $90 million to $110 million, substantially all of which are expected to be related to severance payments and post-employment benefits","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1065088/000155278124000014/0001552781-24-000014-index.htm","confidence":0.95,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"$90 million to $110 million"},{"label":"Headcount","value":"approximately 1,000 employee roles, or 9%"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}