Virtualization Expo — eBay Layoff Rumors True (SYS-CON Media)

Those rumors about eBay making layoffs proved true. It’s kissing 1,600 people good-bye, 10% of its workforce. The move, which will save $150 million a year, isn’t supposed to stem from the punk economy, which is admittedly hurting business, CEO John Donahoe said. It’s more institutional and competitive. Traffic on …

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WF post office renamed to honor Gray (Benton Evening News)

The “gray” and drizzly conditions that dominated the weather Wednesday afternoon belied the jovial gathering, while at the same time appropriately framing the celebration that took place inside the “Old Firehouse” event center. The West Frankfort Post Office was renamed in honor of retired U.S. Congressman Ken Gray. About 100 locals …

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Post office is safe, residents are told – WalesOnline

Post office is safe, residents are toldWalesOnline, United Kingdom –4 hours agoMAERDY residents have been assured that their post office will soon be up and running again. Maerdy Post Office closed without warning, leaving scores of …Wig-wearing thief robs mail vanBBC Newsall 2 news articles More: continued here

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EBay shares rise as analyst upgrades, sees bottom – Forbes

EBay shares rise as analyst upgrades, sees bottomForbes, NY –2 hours agoAP 10.08.08, 2:35 PM ET Shares of eBay Inc. jumped Wednesday after an analyst upgraded the stock and said things probably wouldn't get much worse for the …Downside Now Limited for EBay SharesBarron’sEBay upgraded following sharp sell-offMarketWatchall 6 news articles More: …

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