eBay cutting staff ahead of PayPal splitCNETAbout 2,400 jobs will be eliminated in the first quarter from its e-commerce units, eBay Marketplaces and eBay Enterprise, and PayPal. eBay is also consider selling eBay Enterprise or taking the business unit public. The enterprise group provides e … More: continued here
Biz Break: eBay to lay off 2400, could split into three partsSan Jose Mercury NewsThe core auction site eBay runs has not recovered from the negative affects of asking all users to reset their passwords last May, Donahoe said, and has also been negatively affected by changes in search engines that have led fewer shoppers…
A gun-toting thief robbed a post office in Rancho Bernardo late Wednesday afternoon. More: continued here
Bloomberg EBay Cuts 7% of Workforce, Agrees to Standstill With IcahnBloombergEBay 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 … More: continued here
The Onion targets stamps, Postal Service fires backFederal TimesSatire website The Onion took aim at the Postal Service On Jan. 21, poking fun at the dwindling number of people sending birthday cards and paying bills through the agency. In an effort to highlight their longstanding contributions and loyalty to the … More: continued here
EBay will cut roughly 7 percent of its total workforce, or 2,400 workers, and is considering a sale or IPO of its Enterprise unit, it said Wednesday. The cuts are part of a plan to save more than US$300 million across the company this year as it battles sluggish traffic, low-selling items, and increased competition…
Online retail giant eBay will slash 2,400 jobs — seven percent of its workforce — in the current quarter as it restructures and prepares to spin off its PayPal finance unit, it said Wednesday. California-based eBay unveiled the move as it announced its profit in the fourth quarter rose to $936 million on $4.9 billion…
BBC News 'Buggy ended my life' eBay ad goes viralBBC NewsThe wife of an eBay seller who listed a used buggy as the item that ended his "happy carefree life" said the couple had been amazed by the advert's popularity on social media. The current highest bid for the three-wheeler stands at more than £150,000.Unhappy…
Five Victoria Cross recipients have been honoured with a place on a postage stamp ahead of Australia Day. More: continued here
Clarion post office could be named for soldier who died in IraqTribune-ReviewTwo Pennsylvania lawmakers want to name a Clarion County post office in honor of an Army private who died in combat in Iraq. Army Spc. Ross A. McGinnis absorbed most of a grenade blast on Dec. 4, 2006, in northeast Baghdad, where he shielded…