ebay

EBay Inc., which still reaps big profits but has been struggling to attract new users, said Monday it will cut its work force by 10 percent — about 1,600 jobs — in an attempt to streamline its business. More: continued here

Internet auction site eBay will cut 10 percent of its workforce, or about 1,000 jobs, the company said Monday. On a more positive note, eBay also announced Monday that it will acquire online billing company Bill Me Later for $820 million in cash, plus two Danish Web properties. More: continued …

UPDATE: Tech Shares Falter On Market Selling, EBay WarningCNNMoney.com –3 hours agoThe latest indication comes from eBay , which said it would cut 10% of its global work force and warned the economic weakness and stronger dollar was …Outlook roundup: IDEX, Micrus EndovascularForbesall 5 news articles More: continued here

EBay has been mired in consultants. Fixing it will take action not more PowerPoint slides. More: continued here

After a series of changes designed to draw more people to its online marketplace, eBay Inc.’s latest alteration is aimed at its own employees. The auction site operator said Monday it will cut about 1,600 jobs, 10 percent of its work force, in its largest round of dismissals ever. More: …

EBay says it will cut about 1,000 employees, reducing its workforce about 10%. More: continued here

Internet giant eBay Inc., which has seen sluggish growth in its online auction business, announced Monday it was cutting its global workforce by about 10 percent. More: continued here

EBay Inc said it will cut 10 percent of its work force and spend about $1.3 billion to buy online payment and classified companies to counter a slowdown in its main web auctions business. More: continued here

The Risk for eBay Inc (EBAY)Schaeffers Research, OH –1 hour agoEarlier today I noted some news out of eBay Inc (EBAY) which Elizabeth Harrow details here. With the Dow Jones Industrial Average (DJIA) now down 800 points …Market Update: Dow Plummets 800 PointsSchaeffers ResearchWeekly Wrap-up – The Dow Jones Industrial Average Drops …

Ebay's Ax And Acquire StrategyForbes, NY –1 hour agoFor weeks, rumors have swirled around Silicon Valley that online retailer eBay was due for layoffs. The ax fell on Monday morning when eBay announced a 10% … More: continued here