Big profits, big layoffs: eBay, AmEx to cut jobs – Yahoo Finance

CityNews Big profits, big layoffs: eBay, AmEx to cut jobsYahoo FinanceBig layoffs are coming for some big companies. eBay (EBAY) announced that it will layoff 2,400 people, about 7% of its workforce before April. This, after reporting a 10% increase in profits last quarter. American Express (AXP) also says it …

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EBay breaks up with PayPal – CNNMoney

EBay breaks up with PayPalCNNMoneyEBay said it was "simplifying organizational structures" in its quarterly earnings released Wednesday. A company spokesperson told CNNMoney that some of the cuts were to unfilled positions, but would not say how many. ebay (EBAY, Tech30) also said its … More: continued here

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Teamsters lose another vote at FedEx Freight facility

FedEx Corp said on Thursday the Teamsters have lost a ballot among drivers at a FedEx Freight facility in West Virginia, the latest blow to the union's campaign to organize workers at the package delivery company. The vote at the Parkersburg facility of the company's trucking unit took place on …

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