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eBay cuts PayPal jobs as part of restructuring plan

BY Staff Writer

San Jose, Calif. — eBay has eliminated approximately 325 jobs from its PayPal division. As a result, the company has announced a planned fourth quarter pretax restructuring charge of approximately $15 million related to staff reductions at the company’s PayPal business unit. PayPal also is ending contracts with approximately 120 contractors globally.

The reduction results from a redesign of PayPal’s product organization, consolidating nine product groups into a single, more agile organization. The intent is to simplify and speed up how products are developed.

PayPal expects to continue its strong global growth momentum and leadership through online merchant expansion and share of checkout, by driving payments innovation at point-of-sale retail for large, medium and small businesses, and by engaging consumers online and offline with payments products and experiences that offer choice, flexibility, simplicity and security. PayPal currently has more than 117 million active accounts.

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killer99 says:
Jan-07-2013 05:09 pm

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killer99 says:
Jan-07-2013 05:09 pm

He has not met with Congressional management from either celebration since September to discuss his suggested tasks expenses. Why? His strategy ads say The legislature has not approved them, yet he has created no attempt to discuss with The legislature. This is not a rubberized seal bananas republic where he can create requirements. The beginning dads designed our program to power collaboration. He has to perform for it if he wants it. all best serials

P.Lab says:
Nov-29-2012 07:40 pm

The reduction results from a
The reduction results from a redesign of PayPal's product organization, consolidating nine product groups into a single, more agile organization continuing education for enrolled agents

The reduction results from a redesign of PayPal's product organization, consolidating nine product groups into a single, more agile organization continuing education for enrolled agents

Job
PayPal imagines continuing its strong global development momentum & management through online merchant growth & share of checkout, by driving payments innovation at point-of-sale retail for large, medium & small businesses. http://www.carlinhall.co.uk/

PayPal imagines continuing its strong global development momentum & management through online merchant growth & share of checkout, by driving payments innovation at point-of-sale retail for large, medium & small businesses. http://www.carlinhall.co.uk/

In this matter maybe there is
In this matter maybe there is a great plan on why they are doing this one. Maybe they are doing this just to make their business to be more prosper like what the
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J.Morgan says:
Nov-13-2012 02:51 am

In this matter maybe there is a great plan on why they are doing this one. Maybe they are doing this just to make their business to be more prosper like what the debt management company do last year so they can gain more in the uk debt management and then they gather again.

J.Greene says:
Nov-06-2012 04:17 pm

I buy my devices online
I buy my devices online through paypal. What devices did I bought, well its ipad.

J.Greene says:
Nov-06-2012 04:17 pm

I buy my devices online through paypal. What devices did I bought, well its ipad.

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OPERATIONS

Ulta Beauty names DSW CEO to board

BY Staff Writer

Bolingbrook, Ill. — Ulta Beauty said Monday that it has named DSW Inc. president and CEO Michael MacDonald to its board of directors, effective Oct. 24.

Prior to joining DSW in 2009, MacDonald served for three years as chairman and CEO of ShopKo Stores. Prior to that, he spent 16 years with Carson Pirie Scott and with Saks Inc. after it acquired Carson Pirie Scott in 1998.

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CSA closing due to Hurricane Sandy

BY CSA STAFF

New York — The offices of Chain Store Age will be closed Monday evening and Tuesday due to Hurricane Sandy.

We hope that you, your friends and family will remain safe during this storm.

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