Some of Our Sources
- BoingBoing
- Engadget
- Mashable
- Techcrunch
- Technology Review
- Web Designer Wall
- Joshua Blankenship
- Spoon Graphics
- Fuel Your Creativity
- Reencoded
Help Webnuz
Referal links:
July 19, 2018 12:30 am
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/B_kp_gYMfVs/ebay-is-conducting-a-mass-layoff-in-the-bay-area
eBay Is Conducting a 'Mass Layoff' In the Bay Area
eBay is planning to slash nearly 300 jobs from Bay Area locations by July 20, calling the cuts a "mass layoff." Those being laid off were informed at the end of June, reports The Mercury News. The San Jose-based company estimated that it would eliminate 224 jobs in San Jose, 41 in San Francisco, and five in Brisbane. From the report: "This action is expected to be permanent," eBay stated in the Employment Development Department filing. "No affected employee has any bumping rights." Over the one-year period that ended in March, eBay lost $1.64 billion on revenues of $9.84 billion, according to information posted on the Yahoo Finance site. During the first quarter that ended March 31, eBay earned $407 million on revenues of $2.58 billion. Compared to the year-ago first quarter, profits were down 60.7 percent and revenue rose 12 percent.Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/B_kp_gYMfVs/ebay-is-conducting-a-mass-layoff-in-the-bay-area
Share this article:
Tweet
View Full Article
Slashdot
Slashdot was originally created in September of 1997 by Rob "CmdrTaco" Malda. Today it is owned by Geeknet, Inc..More About this Source Visit Slashdot