UPDATE 4-EBay to cut jobs, sees revs at low end; shares fallReuters –32 minutes agoShares of eBay fell by as much as 12 percent on Monday, their lowest level in more than five years, after the company also said third-quarter revenue would … More: continued here
Online firm eBay to cut 1000 jobsSydney Morning Herald, Australia –29 minutes agoOnline auction firm eBay Inc says it will cut about 1000 employees, reducing its work force by about 10 per cent. The company also says it will get rid of … More: continued here
eBay Looks to the Long TermTheStreet.com –32 minutes agoSAN FRANCISCO – eBay's(EBAY Quote – Cramer on EBAY – Stock Picks) moves to strengthen its business comes at a difficult time as investors continue to sour … More: continued here
ABC News The Real Reason eBay Is StuckForbes, NY –1 hour agoDuring the decade of Meg Whitman's reign, eBay clung fiercely to the auction model that made it a multibillion-dollar hit. The oft-repeated phrase inside …Make Up Your Mind, eBayMotley FoolEBay to cut 1000 jobs, buys Bill Me LaterSan Jose Mercury NewsEBay to lend buyers a handCNNMoney.comBloomberg –…
Sector Snap: Internet stocks slide with marketThe Associated Press –1 hour agoWeb auctioneer eBay Inc.'s stock also sank after the company announced its largest round of layoffs to date. Shares of San Jose, Calif. … More: continued here
EBay cutting 1600 jobs, 10 percent of work forceThe Associated Press –1 hour agoNEW YORK — 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. … More: continued here
EBay, the world’s largest online auction site, is set to cut 1,000 jobs – 10% of its workforce – with many more under threat. More: continued here
SAN JOSE, Calif. (AP) _ EBay Inc. said on Monday it will cut about 1,000 employees, reducing its work force by about 10 percent. More: continued here
AFP eBay Inc. Extends Leadership in Online Payments With Acquisition …MarketWatch –2 hours agoThe acquisition extends the company's leadership in payments by combining Bill Me Later with eBay's PayPal, the number one online-oriented payments brand. …EBay Cuts 10% of Work ForceNew York TimesEBay Will Cut 10% of Jobs as Auction Growth Slows (Update1)BloombergEBay to cut 10%…
EBay Inc. says it will cut about 1,000 employees, reducing its work force by about 10 percent. More: continued here