eBay considering cutting 10% of workforce: WSJ


MAJOR CUTS: eBay is considering eliminating almost 10% of its workforce, or about 3,000 employees, the WSJ cited one source as saying.

Online retailer eBay Inc is mulling over a plan to cut thousands of jobs early next year, as it readies to spin off its PayPal unit, the Wall Street Journal reported, citing people familiar with the company's thinking. 

"We are focused on running the business and setting eBay and PayPal up for success as independent companies," eBay spokeswoman Amanda Miller said, declining to specifically comment on whether the company was considering layoffs. 

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