Reorganization Of EBay Leads To 125 Job Cuts

March 21, 2008

The online edition of The Wall Street Journal announced today that EBay is planning to cut 125 jobs as a part of the reorganization enacted by new CEO, John Donahoe.

The aim of the modification is to move both people and resources to parts of the world that are crucial to modernizing the online marketplace mogul. Currently Ebay employs 15,500 employees worldwide, and the cut of 125 jobs is less than 1% of employees.

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