Source: (Reuters) - U.S. online auctioneer eBay Inc may cut 1,500 jobs, according to an article in Barron’s weekly, citing a report published last week by investment-research firm Wedge Partners. The Wedge report, according to Barron’s, said eBay’s business was “deteriorating” and the company was readying layoffs that could affect 10 percent of its 15,000 employees.

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Posted by markw, filed under Economy. Date: September 14, 2008, 12:18 pm |

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