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eBay to slash 2,400 jobs in bid to 'compete and win'

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 …

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‘Buggy ended my life’ eBay ad goes viral – BBC News

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 …

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EBay tops 4Q profit forecasts

The San Jose, California-based company said it had profit of 75 cents per share. Earnings, adjusted for one-time gains and costs, came to 90 cents per share. The results topped Wall Street expectations. … More: continued here

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EBay laying off 2400, 7% of workforce – USA TODAY

Forbes EBay laying off 2400, 7% of workforceUSA TODAYNEW YORK — Amid weak holiday sales and sluggish revenue expectations for the current quarter, online retailer eBay warned on Wednesday that it plans to reduce its global workforce by 2,400 jobs, or 7%, in the first quarter of this year. EBay …

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EBay Cuts 7% of Workforce, Agrees to Standstill With Icahn

EBay 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 sales and forecast sluggish revenue growth, also said it's exploring options for …

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