Home / ebay / EBay To Slash 1,600 Jobs, Acquire 3 Firms As Slower Economy Takes Toll On Q3 Sales (Investor’s Business Daily via Yahoo! News)

EBay To Slash 1,600 Jobs, Acquire 3 Firms As Slower Economy Takes Toll On Q3 Sales (Investor’s Business Daily via Yahoo! News)

In a sign that Wall Street’s black cloud is spreading to Silicon Valley, eBay on Monday slashed 10% of its work force and tempered expectations for third-quarter sales.

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