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Survey: More than 50% of retailers not fully prepared for EMV deadline
Naples, Fla. -- With only nine months until the EMV migration deadline, retail and technology professionals are still unprepared, according to a recent survey by ACI Worldwide. The survey was conducted in January 2015 at the National Retail Federation’s 104th Annual Convention and Expo, “The Big Show,” in New York.
Principle findings of the survey included:
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Ebay cutting 7% of workforce; exploring options for enterprise division
New York -- Ebay Inc. plans to cut about 2,400 positions, or 7% of its workforce, across eBay marketplaces, PayPal, and eBay enterprise in the current quarter to simplify its organizational structure.
The company also said it will explore strategic options for eBay enterprise, including a sale or an IPO.

