ebay

eBay confirmed Wednesday a corporate shake-up that will split off PayPal will result in more than 2,000 layoffs, and the San Jose e-commerce company said it could split the company in three instead of just two. More: continued here

eBay's Q4 earnings and Q1 earnings guidance beat the Zacks Consensus Estimates, which along with forthcoming job cuts drove up shares. More: continued here

EBay's plans to break up into three different companies could accommodate would-be suitors, signaling a potential merger fight after the breakup. More: continued here

Though eBay saw a fourth-quarter net income increase of 10 percent, the e-commerce company announced plans to cut 2,400 jobs across its marketplaces. EBay plans to spin off its payments business PayPal later this year. More: continued here

Fortune EBay plans to cut 2400 jobs, unload enterprise businessFortuneEBay plans to cut 2,400 jobs and unload its business unit that helps retailers manage their online shopping operations. The news came as eBay made peace with investor activist Carl Icahn by naming one of his allies as a board member. …

NEW YORK (TheStreet) — Shares of eBay Inc. are up by 2.94% to $54.95 in pre-market trading on Thursday, following a ratings upgrade to "equal-weight" from "Underweight" at Morgan Stanley. The firm said it raised its rating on the online marketplace as it believes eBay's business restructuring has offset its …

The shake up comes as the e-commerce giant makes peace with investor activist Carl Icahn in prelude to a planned spin off of PayPal later this year More: continued here

Reuters EBay may sell enterprise unit ahead of PayPal splitReutersThe moves could lay the groundwork for a future acquisition of eBay and PayPal by companies looking to gain a foothold in the e-commerce and online payments markets. Wall Street analysts have identified Alibaba (BABA.N), Google (GOOGL.O) and … More: continued here

eBay to shed 2400 jobs, may split into three companiesSan Jose Mercury NewsSAN JOSE — In developments that raise intriguing questions about the future of eBay as it prepares to spin off PayPal, the e-commerce behemoth announced Wednesday that its breakup will mean 2,400 layoffs, or 7 percent of its …

eBay cutting jobs 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