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eBay’s weak holiday sales trigger 2400 job cuts – OregonLive.com

eBay's weak holiday sales trigger 2400 job cutsOregonLive.comeBay is cutting 2,400 positions after reporting weak holiday sales and forecast sluggish revenue growth for the first quarter, underscoring the competitive challenges facing the marketplace business as it prepares to operate on its own after a split. More: continued here

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Early movers: VZ, EBAY, TRV, KEY, GOOG & more – CNBC

CNBC Early movers: VZ, EBAY, TRV, KEY, GOOG & moreCNBCEBay—EBay announced a standstill agreement with investor Carl Icahn, and also said it will explore a sale or initial public offering of its enterprise business. The e-commerce company also announced plans to cut 2,400 jobs during the current quarter … More: …

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