Not sure why we have no posts but here is Jan 2015 eBay layoffs skinny. The execs are freaking out as Ichan is breathing down their necks. So, nothing new here, it has been like this for a while. However, he is more particular now and he’s demanding increased profits in addition to us spinning off PayPal, so 2400 folks will lose jobs. That is almost 10% of our workforce, but hey, it’s doable, right. However, the management morons will likely cut good folks and a good number of talented folks will be like ‘screw this’ and will take off on their own. So, no big deal, aside from losing your top talent to satisfy short term profit goals of a guy that has already destroyed countless companies. But, cannot help it so the show must go on. Enterprise unit will be gone, I’d say that’s a good move – it’s a pity we paid for it almost three billion dollars by acquiring GSI Commerce a few years back, this is yet another prof that a Stanford MBA tends to shrink your brain – all you guys in executive suites, yes, that’s you. Oh, almost forgot, Christodoro, welcome aboard, I mean on the board, now Ichan will have even more power to keep pushing his ideas. John Donahoe proved to be a douche, he played the game right and will be taking off with an enormous check in his hands. He screwed everyone, he took care of himself. If you are a shareholder, go find a quiet corner and cry. If you are an employee, nothing can help you. Have fun and happy 2015, the year of eBay layoffs.
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Major layoffs planned across the organization on 2nd Feb. Managers and HRs are preparing for this catastrophic event. All the best fellow employees
Well eBay needs to change many things internally, my best guess is that all of this this be be for the worse. I am an user, to get decent help you need to get REALLY lucky and speak with one of the US based agents, they are going to try to save money now by laying off US BASED agents and sending work to clueless poor souls in India. I am against layoffs, let people work here, we'll pay a bit more but keep jobs here in the States.
Forgot to mention, it’d be interesting to track how PayPal does once the spin-off takes place – it’ll depend who’s at the helm, if Ichan continues to call shots you can see some major layoffs on that side as well, I’d say Q3 of 2015, he will likely let PayPal stabilize before he hits them with a layoff request.