Oct 06 2008
Ebay To Cut 1,000 Jobs And Buy Bill Me Later
Ebay has decided that it will be cutting around 1,000 jobs from it’s workforce and also buy the on line payment processor Bill Me Later. Now it does not surprise me that Ebay will be cutting jobs as this online giant has really struggled lately. Sure this company still turns a nice profit, but prices have really gone up to list stuff as well as many rules changes that many sellers just do not like.
Many times when you get as big as Ebay is you forget where the dollars come from and I think this is what is happening with this company. They are forgetting how they got to where they are right now. By giving a great service at a affordable price this company took off. I guess we will see in the future if Ebay can get things back to where they were and that is having the one place to get everything you need. I guess only time will tell about that one.
