EBay to lay off 10 percent of its workforce, buys Bill Me Later

06 Oct 2008

Turbulent times at EBay -- the company held a predawn conference call today to say it was laying off 10 percent of its global workforce, or about 1,000 permanent employees and several hundred temporary workers. The reduction is expected to result in pretax restructuring charges of approximately $70 million to $80 million, with the charges predominantly recorded in the fourth quarter of 2008, ac

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Katja Riefler

Katja Riefler, AIM Group principal and director for Europe, Middle East and Africa, has a broad background working with newspapers, trade associations and online services to shape media companies for the future. She is based in Munich and travels regularly throughout Europe and frequently to the United States.