Its the turn of ebay, another tech company to show door 125 of its staff.
The reason, as cited by the ebay officials, is that company wants to focus on the website improvement and hence the cost cutting that it will have by firing 125 of these employees will go towards making necessary savings and contributions towards the "improvements".
So ebay now has around 15,500 employees spread across the various location across the globe.
Some of the employees who were fired worked for PayPal, eBay's online payment service.
Recently, it was Citibank which announced layoffs, and now the online shopping website goes on a cost cutting spree. No respite is in place to the US employees.
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