EBay Cuts WorkforceEBay Cuts Workforce
<a href="http://www.computerworld.com/action/article.do?command=viewArticleBasic&taxonomyName=networking_and_internet&articleId=9070579&taxonomyId=16">Computerworld</a>, <a href="http://www.auctionbytes.com/cab/abn/y08/m01/i23/s01">Auction Bytes</a>
As part of a move to streamline operations, EBay has laid off 125 employees -- 70 of whom work at the company's headquarters in San Jose, Calif. Cuts also affected positions in Europe.EBay had little to say about the layoffs, other than a company reorganization being the catalyst, not to cut costs. The layoffs, coming just a few weeks before John Donahoe takes over for retiring EBay CEO Meg Whitman, amount to less than 1 percent of the company's total workforce.
The cuts shouldn't come as a total surprise. In late January, some Wall Street analysts predicted a modest reduction in headcount at EBay "in an effort to manage profitability."Computerworld, Auction Bytes
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