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The NEWS

The NEWS Electronic COMMERCE
2008-10-08

EBay will trim its group in a 10%

The page de auctions by Internet EBay has announced that will realize a cut de group that will affect 10% de its employees, a measurement that will have a cost before taxes among 70 and 80 million dollars, that will be written down in their majority in the accounts de the last trimester de the present exercise.

EBay will do without 1,000 fixed employees and several hundreds de temporary workers with the aim de simplifying the company and improving its structure de costs. Their actions fall near 6% in a day in which the bags de the United States return to 2007 levels and the technological Nasdaq yields a 5%.

“Although never they are decisions easy to take, these reductions they will help us to improve our operations and they will reinforce our capacity to continue investing in our growth”, has explained John Donahoe, president and delegated adviser de EBay.

Donahoe is addition that the company hopes to close the third trimester with a benefit by action in the low part de its previones. EBay will present/display results next the 15 de October.

Acquisitions

The group also has announced the purchase de two companies to reinforce its business. On the one hand, and 125 million in acciones.n in cash effective Later by 820 million dollars has closed the acquisition de the American company de services de payment by Internet Bill Me and action.

On the other hand, dba.dk has taken control de the Danish, dedicated to the classified announcements, by 390 million dollars in cash.

“We are making movements aggressive to reinforce our position de leadership in the commerce businesses online and payment systems”, have indicated Donahoe with respect to these two acquisitions.



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