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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