eBay mulls cutting thousands of jobs early next year: report December 11, 2014 - 08:43 AMT PanARMENIAN.Net - Online retailer eBay Inc is mulling over a plan to cut thousands of jobs early next year, as it readies to spin off its PayPal unit, the Wall Street Journal reported, citing people familiar with the company's thinking. "We are focused on running the business and setting eBay and PayPal up for success as independent companies," eBay spokeswoman Amanda Miller said, declining to specifically comment on whether the company was considering layoffs. Ebay is considering eliminating almost 10 percent of its workforce, or about 3,000 employees, the WSJ cited one source as saying. The cuts are expected to be localized in the company's marketplace division, the report said, according to Reuters. The spin-off, announced in September, highlighted the slowing growth of eBay's traditional marketplace business.  Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020."   Partner news Most popular in the section |  Latest news Protesters rally as Georgia debates 'foreign agent' bill  Georgian critics label the bill "the Russian law", comparing it to legislation used by the Kremlin to crack down on dissent.Former Pashinyan envoy urges end to Genocide speculation Marukyan has urged authorities in Armenia stop discussions about verifying the names of 1.5 million victims.Azerbaijan, Jordan sign deal on defense cooperation Azerbaijan and Jordan have signed an agreement on cooperation in the field of defense, according to an official statement.First Canadian expert join EU mission in Armenia The first Canadian expert to join the European Union’s civilian mission in Armenia has arrived in Armenia. |
