eBay Cutting Staff 10 Percent; Buys Bill Me Later, 2 Danish Classified Sites; Updates Q3 Guidance; Stock Slides
It's a busy morning at eBay (EBAY). As some analysts had expected, the company announced that it is cutting its staff by 10 percent, cutting 1,000 full-time jobs and several hundred temporary workers, and reducing the number of open positions. The... 1 month ago
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