On the surface, at Hamilton Avenue San Jose 2145, eBay's headquarters was calm, but the day before, it is sent here in Silicon Valley in recent years, the most radical reform of the signal.
San Francisco local time on October 6, eBay announced it would cut about 1,600 jobs, accounting for 10% of the total number of employees, is expected to have 1,000 full-time employees affected and the remaining part-time employees in the severance will no longer be added later.
This time, eBay did not say which company will be reduction of jobs, but said the layoffs will be spread throughout the company and a global scale. However, according to eBay's close to a reliable sources disclosed to reporters, eBay reduction of the action will be concentrated in the market, product development and the prevention of auction fraud to maintain the stability of the credit community safety departments, other areas such as technology and financial relatively "safe" ( "Kept normal").
This is the largest in the history of eBay's first layoff. Although the previous two days, similar to the Silicon Valley, a local IT hearsay gossip (Tech Gossip Rag) site Valleywag.com have been similar, but the official news Monday, the auction site's "bold" Silicon Valley is still the talk of all people in science and technology The most important topic.
Earlier in March, eBay North America and Europe have been laid off 150 employees, including at eBay headquarters in San Jose and 70 employees. In the past year, the Silicon Valley of the Sun-skilled workers has been laid off 2,500 employees, Nortel lay off 2100 people, Hewlett-Packard to buy Electronic Data Systems laid off nearly 25,000 people, the Google acquisition of DoubleClick after compression 300 jobs.
Recently, the Silicon Valley, widely rumored in the industry in the near future Yahoo will cut 3,500 jobs. Currently, Yahoo's stock price has fallen to its lowest point in five years, according to people close to Google to the reporter disclosed that out of savings and other factors into account, Google has been under consideration to close its well-known "free canteens."
"EBay's' bold ', can be seen as the financial crisis on the impact of Silicon Valley, the first signal." During the interview, Silicon Valley, speaking on condition of anonymity told reporters: "There is no doubt that over the next several Months, this behavior will be more companies to follow suit. "
Lay off one-tenth of the
"For Italy, eBay employees, this is really a terrorist. In Italy, eBay has more than 70 employees, but only the last 4 will stay." San Francisco on October 6 hours day and night, eBay, a global staff Kusangzhelian on MSN, told reporters.
In his view, this is the end of an era: "even layoffs storm has blown business to eBay's Paypal. In Italy, Paypal will be completely shut down. In other words, will no longer exist Italy Paypal."
Affected by the layoffs, on the same day, eBay shares in the Nasdaq was down 1.05 U.S. dollars rapidly, to close at 17.89 U.S. dollars. This year, eBay shares have fallen by nearly half, down to five and a half years to the low share price.
In the face of panic, either on March 31 this year appointed the new eBay CEO John - Donahoe (John Donahoe) or its Chief Executive Officer and douna (John Donahoe) are working hard to the media that, eBay move Only focus on the company's medium-term and long-term, and short-term pressure on the environment has nothing to do.
"I stress that this is not a short-term macro-environment, the response does not come from short-term pressure." Donahoe told reporters that, in fact, the company's management since the summer of this year has already begun to consider layoffs, the company in order to respond rapidly and re - To invest in on-line payment service and classified advertising business.
"Our job cuts, intended in the right direction by trying to adjust the company's position in the medium to long term period," he stressed, "the company will lay off more and more agile response capabilities in order to give the company a new opportunity for growth in the area again Investment. "
Almost at the same time, eBay announced its new investment - will acquire US-based online business to pay the company Bill Me Later, the transaction price, including approximately 820,000,000 U.S. dollars in cash, as well as the value of about 125,000,000 U.S. dollars of outstanding options. eBay also has about 390,000,000 U.S. dollars in cash purchase price of Denmark's leading online classified Web site dba.dk, as well as the automotive Web site bilbasen.dk.
At the same time, Donahoe also acknowledged that the weak economy and the dollar value of eBay business is being damaged. He said that in the third quarter of this year, eBay sales will be at the low end of company forecasts.
"It has always been, in addition to the share price performance of capital markets, the U.S. financial crisis on the impact of Silicon Valley does not seem to be very clear." During the interview, related to the Silicon Valley are generally of the view, but eBay's "bold" could be regarded as the financial crisis of Silicon Valley The impact of the first signal.
Their revealed that the U.S. economic structure, to occupy an important part of personal consumption, "and U.S. users tend to use credit cards and consumer habits, when the credit to reduce the user's behavior will naturally be affected by the purchase, eBay's business decisions of its type to become the first victims Persons. "
eBay issued a statement saying the company is expected to be included in the fourth quarter of this year, 7-8000 US dollars of spending cuts. However, in the third quarter's profit will exceed the forecast in July. At the same time, the company laid off after the re-engineering, eBay expects annual savings of 150,000,000 U.S. dollars.
