The Internet company eBay is both tightening its belt and expanding its reach in preparation for the coming economic storm. On Monday, eBay announced it would lay off 10 percent of its 16,000 workers, including 1,000 permanent employees, and pay $1.35 billion to acquire the Web payment firm Bill Me Later and the Danish classified…
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Author Archives: Aravindan I
EBay to ban negative seller views
Online auction site eBay has said it plans to overhaul its feedback system and will ban sellers from leaving negative comments about buyers.EBay said problems were occurring, and slowing down trade, when buyers left negative comments about sellers who then retaliated with their own views. From May, those selling on eBay will not be able…
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