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Oct. 7, according to foreign media reports, eBay Monday announced to lay off 10% in the world, the total number will reach 1,600. Affected by this news, eBay shares fell 1.05 U.S. dollars, or 5.54 percent.
According to foreign media reports, eBay’s new CEO John Donahoe in an interview that the layoffs are not the economy’s weak response. However, most investors still on the move by eBay moved uneasy. Affected by this news, eBay shares closed Monday down 1.05 U.S. dollars, fell to 17.89 U.S. dollars, a decrease of 5.54 percent.
Donahoe said: “The layoff plan is a response to long-term development objectives part of.”
eBay expects the job cuts will lead to a 7-80000000 US dollars related to the restructuring costs will be included in most of the fourth quarter of 2008.
The job cuts this year, eBay is carried out in the second round of layoffs. In March this year, the company has been in Europe and North America laid off 70 staff.
In addition, the company also announced the purchase of online payment site Bill Me Later, as well as Denmark classified advertising Web site dba.dk and automotive Web site bilbasen.dk with the total acquisition price of 1.34 billion U.S. dollars. The transaction price with Bill Me Later was 945 billion U.S. dollars, and total 390 million with dba.dk and bilbasen.dk.
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