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eBay to lay off 10 percent of work force

Discussion in 'Sports and News' started by Steak Snabler, Oct 6, 2008.

  1. Steak Snabler

    Steak Snabler Well-Known Member

    http://www.nytimes.com/2008/10/07/technology/07ebay.html?_r=1&hp&oref=slogin

    The announcement was largely unrelated to the potential economic impact of a slowdown in e-commerce. Rather, it represented an effort by eBay to improve the performance of its core marketplace division, which has experienced declining, single-digit growth in the last few years while the rest of e-commerce grows at a double-digit clip.

    In other words, they're not losing money, they're just not making money at the rate they used to.
     
  2. slappy4428

    slappy4428 Active Member

    Welcome to newspapers...
     
  3. TheSportsPredictor

    TheSportsPredictor Well-Known Member

    Tough times even for garage sales these days.
     
  4. goalmouth

    goalmouth Active Member

    eBay treats its sellers like crap. Screw 'em.
     
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