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Two TakesTech Breakthroughsvs. The Wall Street Journal

eBay considers cutting thousands of jobs in 2015

By Carl Durrek1 min readGoogle News

The online auction site is considering the elimination of as many as 3,000 jobs early next year, as the company gets ready to spin off its PayPal division into a separate company. The cuts will affect people in eBay’s core marketplace division, writes the Wall Street Journal, citing sources familiar with the matter. This division includes the eBay auction site and the StubHub tickets site. Some analysts are speculating today that eBay is trying to lower its operating costs to appear as a more attractive buyout target.

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