As profit rises, eBay plans layoffs – Columbus Dispatch


Columbus Dispatch

As profit rises, eBay plans layoffs
Columbus Dispatch
Online retailer eBay Inc. said yesterday that it plans to cut about 2,400 positions, or 7 percent of its workforce, in the current quarter to simplify its organizational structure. The company also said it will explore options for its eBay enterprise
Stocks finish higher; American Express cutting 4000 jobs; EBay slashing 2400 cleveland.com

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