Big layoffs planned at eBayKWCHThe company is planning to slash 2,400 workers across the eBay and PayPal parts of the business. The cuts will impact 7% of the workforce. The layoffs will be made before the end of March. EBay said it was "simplifying organizational structures" in its … More: continued here
Columbus Dispatch Spike In eBay Shares On Q4 Earnings Puts These ETFs In FocusSeeking Alpha (registration)The e-commerce giant eBay Inc (NASDAQ:EBAY) came out with Q4 results after the closing bell on January 21. Overall, the mood was optimistic on an earnings beat and restructuring initiatives, though a sales-miss restrained investors from full-hearted …EBay beats 4Q earnings…
The Guardian Sellers pay the price as eBay fails to deliver on its promisesThe GuardianSellers who regularly use eBay have become increasingly worried in recent years that unscrupulous buyers will claim an item has not arrived. Under the generous protection policy offered by the auction website and PayPal – its payment system – buyers ……
Quartz Will eBay Stock Become the New GRPN After PayPal Spinoff?Investorplace.comEBay Inc (NASDAQ:EBAY), the iconic online auction marketplace that emerged in e-commerce's nascent days, will never be the same again. In fact, the new-look EBAY stock may more closely approximate the daily deals site Groupon Inc (NASDAQ:GRPN) …The eBay you grew up with is dead. Cause…
fox13now.com Big layoffs planned at eBayfox13now.comThe company is planning to slash 2,400 workers across the eBay and PayPal parts of the business. The cuts will impact 7 percent of the workforce. The layoffs will be made before the end of March. It was not clear which areas would be impacted by the … More: continued…
NEW YORK (TheStreet) — Shares of eBay closed lower by 0.67% to $56.76 in Friday's session on heavy trading volume, following the rally in the prior day's session due to its higher than expected fourth quarter earnings. eBay reported non-GAAP net earnings of 90 cents per diluted share, higher compared to 81 cents per share from the 2013…
SFGate EBay to cut 2400 positions amid sluggish salesSFGateEBay Inc. 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 sales … More: continued here
USA TODAY Ask Matt: Should I bid on eBay stock?USA TODAYeBay is another example of a company where investors want more than just another quarter of better-than-expected results. The company reported fourth-quarter profits of an adjusted 90 cents a share Wednesday, which topped views by 1.1%, says S&P … More: continued here
CNNMoney Oil giant, US Steel and eBay slash jobsCNNMoneyEBay said it was "simplifying organizational structures" in its quarterly earnings released Wednesday. A company spokesperson told CNNMoney that some of the cuts were to unfilled positions, but would not say how many. ebay (EBAY, Tech30) also said its … More: continued here
Quartz The eBay you grew up with is dead. Cause of death: Carl IcahnQuartzActivist investor Carl Icahn's successful push to spin off PayPal is in full motion—and that means the imminent demise of eBay as we know it. Ebay has outlined its plans for what the company will look like post-separation. Clearly, PayPal is winning…