EBay lays off 125 - 70 in Bay Area

budnonymous · Top Poster

Layoffs at eBay and PayPal?

xppman · Top Poster

LMAO.. Won't be long before the LieWorld crew gets the ax too I imagine.

budnonymous · Top Poster

I hear some so-called 'stock pumpers' (including one bonafide ebay employee) just got busted out posting on finance boards without proper disclosure.

I just wonder whether all the filthy & vile personal insults and people's PI and CI which was posted and other such low tactics were authorized, endorsed, or sanctioned by the company?

One of these days there may be a big round up of e-criminals.

No wonder Meggy-poo is trying soooo hard to insinuate herself into this nation's political affairs.
Grasping at straws?

budnonymous · Top Poster

Looks like that Boycott/strike is not having any inpact.

EBay lays off 125 - 70 in Bay Area

By Steve Johnson
Mercury News

Article Launched: 03/21/2008 01:34:41 AM PDT

EBay, the San Jose-based online consumer-products marketing site, has laid off 125 employees - about 70 of them in the Bay Area - said company spokesman Jose Mallabo.

The job cuts, which eBay announced to its workers Monday, are needed to free up finances so the company can make a number of consumer-friendly improvements to its Web site, he said. Some of the employees worked for PayPal, eBay's online payment service.

"It's more of a streamlining, particularly on the customer service front," Mallabo said.

Including the job reductions, eBay has more than 15,500 employees worldwide.

The cuts come as John Donahoe prepares to take the helm from outgoing Chief Executive Meg Whitman, who will retire March 31.

Mallabo said the reorganization is a result of putting resources into the priorities Donahoe announced with January's earnings results: merging the best assets of the Buy It Now function with the auction functions, making the site safer from fraud and growing PayPal.

xppman · Top Poster

It's sad really to see these people get laid off.

But I know I'll jump for joy the day I see that the frauds and shills
they have 'working' their boards get laid off and their bosses
at LieWorld (and hopefully them too)
get sued by the FTC.

FTC Moves to Unmask Word-of-Mouth Marketing
(snip)
The Federal Trade Commission yesterday said that companies engaging in word-of-mouth marketing, in which people are compensated to promote products to their peers, must disclose those relationships.

http://www.washingtonpost.com/wp-dyn/content/article/2006/12/11/AR2006121101389.html

budnonymous · Top Poster

You're gonna love this...
checkout that last statement from comments. lmao

eBay Printing 125 Pink Slips

By Doug Caverly Thu, 03/20/2008 3:43pm.

Run-of-the-mill reorganization

With the stock market swinging a couple of percentage points up or down every day, connecting price changes to corporate movements is difficult. eBay is beating the average, however, following news that it will lay off 125 people.

Some onlookers will point to the recession we're likely sitting in as a reason for the cut; others may attribute this to the rash of protests and boycotts angry sellers orchestrated. Corporate spokesman Jose Mallabo made things sound rather less exciting.

"We are still hiring for positions to support those business priorities and have redeployed hundreds of current staff in new roles; but globally 125 people will be leaving our work force of 15,500 - less than half a percentage point," he told Elinor Mills.

Call the cuts a small reorganization, then, and not a significant event. Although you can also call Mallabo's math crappy - according to a calculator, 125 is 0.81 percent of the employee total he gave.

Meh. Either way, it appears that eBay's still in relatively solid shape as John Donohoe prepares to take over for CEO Meg Whitman.

Comments

By Guest (WPN reader) - Fri, 03/21/2008 - 1:17am.

Corporate spokesman Jose

Corporate spokesman Jose Mallabo made things sound rather less exciting.

"We are still hiring for positions to support those business priorities and have redeployed hundreds of current staff in new roles; but globally 125 people will be leaving our work force of 15,500 - less than half a percentage point," he ......

More eBay spin, perhaps those hundreds of "redeployed staff" are the trolls who wonder around to the various boards and ebay forums spying out "unebaylike" activities with the result of boycotters suddenly being excommunicated.