EBay lays off 2,400; Marketplace disappoints

22 Jan 2015

On its fourth quarter 2014 and end of year earnings call, EBay president and CEO John Donahoe announced the layoff of 2,400 employees, about 7 percent of its entire workforce. While not breaking down by segment, EBay CFO Robert Swan said that the layoff numbers were “a little higher on the Marketplace side.”  The disappointing financial results for EBay Marketplace were certainly partially to blam

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Sharon Hill

Sharon Hill has been a senior writer / analyst with the AIM Group since 2004, except for a two-year time-out to serve as sales and marketing manager for Suburban Newspapers of America. She worked at newspapers in California, the Carolinas and Indiana as a classified advertising sales supervisor and manager, and in newspaper circulation in Alaska. At the SNA, she was responsible for bringing in new members; lining up exhibitors, and helping develop programs for the classified conference and the classified alliance. She is also co-author of “Implementing and Managing Telework: A Guide for those who make it Happen” (Praeger Press) and a prolific blogger and social media user. She is based in Phoenix.