Bloomberg EBay Cuts 7% of Workforce, Agrees to Standstill With IcahnBloombergEBay Inc. (EBAY) is cutting 2,400 positions, buying back shares and entering into a standstill agreement with activist investor Carl Icahn as the company prepares to split its marketplace and payments businesses. EBay, which also reported weak holiday … More: …
Read More »The Onion targets stamps, Postal Service fires back – Federal Times
The Onion targets stamps, Postal Service fires backFederal TimesSatire website The Onion took aim at the Postal Service On Jan. 21, poking fun at the dwindling number of people sending birthday cards and paying bills through the agency. In an effort to highlight their longstanding contributions and loyalty to the …
Read More »EBay, cutting 7% of workforce, looks to spin-off Enterprise unit
EBay will cut roughly 7 percent of its total workforce, or 2,400 workers, and is considering a sale or IPO of its Enterprise unit, it said Wednesday. The cuts are part of a plan to save more than US$300 million across the company this year as it battles sluggish traffic, …
Read More »eBay to slash 2,400 jobs in bid to 'compete and win'
Online retail giant eBay will slash 2,400 jobs — seven percent of its workforce — in the current quarter as it restructures and prepares to spin off its PayPal finance unit, it said Wednesday. California-based eBay unveiled the move as it announced its profit in the fourth quarter rose to …
Read More »‘Buggy ended my life’ eBay ad goes viral – BBC News
BBC News 'Buggy ended my life' eBay ad goes viralBBC NewsThe wife of an eBay seller who listed a used buggy as the item that ended his "happy carefree life" said the couple had been amazed by the advert's popularity on social media. The current highest bid for the three-wheeler …
Read More »Stamps to honour Victoria Cross recipients
Five Victoria Cross recipients have been honoured with a place on a postage stamp ahead of Australia Day. More: continued here
Read More »Clarion post office could be named for soldier who died in Iraq – Tribune-Review
Clarion post office could be named for soldier who died in IraqTribune-ReviewTwo Pennsylvania lawmakers want to name a Clarion County post office in honor of an Army private who died in combat in Iraq. Army Spc. Ross A. McGinnis absorbed most of a grenade blast on Dec. 4, 2006, in …
Read More »BRIEF-EBay to take $100 mln charge in Q1 related to job cuts – Reuters
BRIEF-EBay to take $100 mln charge in Q1 related to job cutsReutersJan 21 (Reuters) – EBay Inc. * EBay says exploring full or partial sale of enterprise unit or IPO. * EBay CFO says marketplace unit performance will worsen in first half of 2015 before rebounding in second half. * …
Read More »Post office in Rancho Bernardo robbed
The incident occurred just before 4:30 p.m. Wednesday in the 11700 block of Lomica Drive More: continued here
Read More »EBay Beats Q4 EPS, 2015 Outlook Includes 2,400 Job Cuts
eBay Inc (NASDAQ: EBAY ) reported fourth quarter financial results Wednesday with revenue coming in at $4.921 billion, below estimates of $4.93 billion, an increase of 9 percent compared to the same period … More: continued here
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