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EBay Rises on Second Possible Spin Off, Job Cuts: What Wall Street's Saying

NEW YORK (TheStreet) – EBay shares ticked higher after the e-commerce company reported mixed quarterly results, but said it plans job cuts and possibly spinning off another division. Late Wednesday, eBay said it plans to reduce its workforce by 2,400 position or 7% of its total headcount. The company also said that it will "exploring strategic options" for eBay Enterprise that could include a …

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