ebay

EBay to Cut 2400 Jobs, Spin off or Sell Enterprise UnitABC NewsEBay plans to cut 2,400 jobs, or 7 percent of its staff, in the first quarter to simplify its structure and boost profit ahead of a planned separation of its business. The job cuts will fall across its marketplaces, …

TechCrunch eBay Trades Higher After Reporting $4.9B In Q4 Revenue, 2400 Q1 LayoffsTechCrunchThis afternoon following the bell, eBay released its fourth quarter financial performance. The company had fourth quarter revenues of $4.9 billion, with GAAP earnings of $0.75 per share on profit of $936 million. Non-GAAP Earnings were $1.1 billion …

CNBC After-hours buzz: American Express, eBay& moreCNBCAmerican Express – The credit card issuer fell in after-hours trading after reporting fourth-quarter results that beat expectations and saying it plans to cut more than 4,000 jobs over the next year. EBay – The online auctioneer rose in extended-hours …Market Wrap: ECB Plans …

ZDNet eBay Q4: Company announces plan to cut 2400 jobs with possible sale of eBay…ZDNeteBay Inc. reported its fourth quarter and fiscal 2014 earnings Wednesday after the bell, and although the results were slightly better than expected, CEO John Donahoe announced a significant workforce reduction and the possibility of more …

WRAL.com EBay to cut 2400 jobs, spin off or sell enterprise unitWRAL.comThe string of changes comes after a tough 2014. A cyberattack compromised eBay users' passwords, email addresses and phone numbers, although no financial information was stolen. And a change by Google also made it harder for eBay results to …

USA TODAY EBay to Cut 2400 Jobs, and Weighs 2nd SpinoffNew York TimesEBay has made billions reinventing ways to sell items on the Internet. Now, in the face of declining growth, the company must reinvent itself once more. Facing stiff competition and the declining growth of its auctions business, eBay …

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 …

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: …

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, …