In true management-consultant style, former Bainie John Donhoe is chopping up the company he attempted to turn around after he inherited it from Meg Whitman in 2008. Last year, the eBay CEO capitulated to Carl Icahn’s demands that he separate Read more
eBay’s board not only capitulated to Carl Icahn’s demands last year that eBay separate the Marketplaces and Payments businesses, now it has signed an agreement giving in to additional demands. In its Q4-2014 earnings release on Wednesday, eBay revealed the Read more
eBay will lay off 2,400 employees, which is 7% of its workforce, the company revealed on Wednesday. The company is splitting its Marketplaces and Payments units into two separate companies later this year. After an abysmal quarter in terms of Read more
eBay Marketplaces had an abysmal fourth quarter, growing GMV a mere 2%, and eBay didn’t give its sellers much incentive to stick it out in the short term: executives told Wall Street things were going to get worse before they Read more
