Hewlett-Packard to cut 24,600 jobs worldwide:: Packard says it will cut 24,600 jobs worldwide over the next three years. The job cuts would allow HP to restructure the EDS business group to streamline http://www.watoday.com.au/technology/hp-to-cut-24600-jobs-worldwide-20080916-4hid.htmlHOME | eBay (NASDAQ: EBAY) is restructuring its operations worldwide, which will lead to a small cut in global staffing levels but with some countries hit harder than others, a company representative said on Thursday.
EBay cuts jobs, buys Bill Me Later - Yahoo! Canada News:: The job cuts are expected to result in pretax restructuring charges of Make sure to cut jobs in India and China. POSTED BY: Serge on MON, OCT 06, 2008 11: http://ca.news.yahoo.com/s/afp/081006/business/us_it_internet_company_ebayHOME | EBay to cut 1,000 jobs, will buy Bill Me Later - Examiner.com:: EBay to cut 1,000 jobs, will buy Bill Me Later, SAN JOSE, Calif. The company expects restructuring charges of about $70 million to $80 million as http://www.examiner.com/a-1623888~EBay_to_cut_1_000_jobs__will_buy_Bill_Me_Later.htmlHOME | "It's less than 1 percent globally," company spokeswoman Sravanthi Agrawal told Reuters, adding the main regions and countries affected by the online auctioneer's job cuts were in North America, Belgium, Spain and Austria.
Ebay restructuring worldwide, cuts jobs | Reuters:: BRUSSELS (Reuters) - EBay Inc <EBAY.O> is restructuring its operations worldwide which will lead to a small cut in global staffing levels but with some countries hit http://www.reuters.com/article/ousiv/idUSL2080124120080320HOME | &eBay buys PayPal competitor for $1bn News - PC Advisor:: Online auction site also to offload 1,000 staff - eBay announced two acquisitions Monday, at the same time saying it will lay off over 1,000 staff worldwide and cut http://www.pcadvisor.co.uk/news/index.cfm?newsid=105327HOME | "We shared the news with the employees internally," she said, adding the company had not yet made an announcement to the media. "It's a globalization and centralization effort."
eBay's restructuring was aimed at refocusing on its core business, Agrawal said.
KUTV Channel 2 Utah - Business Wire - 2News:: Bid of $1.75 on eBay gets abandoned Saginaw home Rockwell to restructure and cut 600 jobs worldwide. Goodyear shuts down Gadsden plant http://www.kutv.com/business/wire/default.aspxHOME | EBay cuts jobs, buys Bill Me Later:: The job cuts are expected to result in pretax restructuring charges of strong in online classified ads worldwide and eBays global classifieds business http://uk.biz.yahoo.com/06102008/323/ebay-cuts-jobs-buys-bill-later.htmlHOME | eBay, which has a total staff of more than 15,000 in 39 countries, warned in January that 2008 results would fall below Wall Street expectations, sending its stock down and confirmed long-serving CEO Meg Whitman would step aside.
The forecast accompanied solid fourth-quarter results, and analysts said at the time it was unclear if the company feared an economic slowdown or whether management was giving itself room to make changes to revitalize the business.
eBay said 2008 net earnings, excluding one-time items and option expenses, would be $1.63 to $1.67 per diluted share -- at or below the $1.67 average analyst forecast.
A spokeswoman for eBay Germany said the company would not cut jobs in the country as part of the restructuring. The company has 1,100 employees near Berlin.
eBay shares in New York were up 2.2 percent at $28.07 at 1505 GMT while the NASDAQ IXIC index of technology stocks was up 0.9 percent.
Technical Analysis: Pullback
Technical Analysis: All's Not Lost ... Just Yet
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