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EBay Cuts 7% of Workforce, Agrees to Standstill With Icahn – Bloomberg


Bloomberg

EBay Cuts 7% of Workforce, Agrees to Standstill With Icahn
Bloomberg
EBay Inc. (EBAY) is cutting 2,400 positions, buying back shares and entering into a standstill agreement with activist investor Carl Icahn as the company prepares to split its marketplace and payments businesses. EBay, which also reported weak holiday

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