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eBay lays off 1000 workers, buys Bill Me Later
What's the first thing you do after you layoff 10 percent of your workforce? You go on a buying spree, right? That's what eBay appears to be doing anyway. The company, which currently employs about 15,000 people plans to layoff about 1,000 full time workers as well as a number of temporary employees. At the same time, eBay has announced it will spend over $1.3 billion to buy two companies. First ...
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