Tuesday, October 7, 2008

eBay Cuts Jobs

In case none of you heard this yet, eBay cut about 1,000 jobs on Monday. Thankfully, Ramin and I were not on the chopping block, nor are we in any danger of being so. I know quite a few people who were let go up in Vancouver and I know of 2 here in Salt Lake. The majority of the layoffs were in Omaha, where PayPal is, and Vancouver I think. Earlier this year they cut about 125 jobs in San Jose. It's not boding well for our stock price :-/ Things are getting weird...I hope things don't recede any farther into the pit.

Click here for a link to the story.

No comments: