eBay reduces staff and acquires new technology
The company eBay Inc, operating the Internet auction with the same name, declared today reduction of 10 % of staff because of decrease in growth of sales and competitiveness strengthening. However, analysts are assured, that to the company followed conduct a number of reductions without dependence from a market situation as since 2005 company staff has actually doubled.
Dismissals will mention hardly more than 1000 persons, and also some hundreds casual workers. As a result the company hopes to save on it from $70 to 80 million, writesCyberSecurity.
Simultaneously with it eBay declared purchase of on-line payment technology Bill Me Later for $820 million cash and $125 million postponed options.
According to the chief executive of the company John Donahju, in the third quarter the Internet auction profit has fallen to "is minimum possible level". On this background company staff has increased to 15 500 persons. For comparison: at the moment of care Megan Uitman, previous CEO the companies, staff eBay did not exceed 8100 persons. The truth after its care in eBay the system of telephony Skype, purchased projects Sumble Upon and StubHub, and also some small auction sites in Europe have been organizational integrated.
