News for hackers. Stuff that matters.

A comment on EBay Lays Off 10%, announces 2 acquisitions.

Re:EBay Lays Off 10%, announces 2 acquisitions by quasimojo on Monday October 06, 2008 @11:51AM (#325003)
layoffs are coming all over the bay area. whatever started with GOOG going public is now over in the markets. AAPL and GOOG are off 50% from the highs. YHOO is headed for 14 (congrats jerry, could of had 34). INTC is trading at levels from the 90s. and at least these companies can claim to be "in business". for the rest of the living-on-funding, maybe-one-day crowd, its time to read the tea leaves: the party is over
[ Parent | on HN ]
Re:EBay Lays Off 10%, announces 2 acquisitions by mariner on Monday October 06, 2008 @12:03PM (#325023)
Far (not 10% worthy) fetched but could this also be related to them improving operational automation?
[ Parent | on HN ]
Re:EBay Lays Off 10%, announces 2 acquisitions by ojbyrne on Monday October 06, 2008 @12:26PM (#325048)
I thought the same thing. The acquisitions part seems to me to be positive news, and my impression of eBay is that it has become large, slow and bloated.
[ Parent | on HN ]
Re:EBay Lays Off 10%, announces 2 acquisitions by quasimojo on Monday October 06, 2008 @01:12PM (#325102)
they are chump-change acquisitions in the grand scope of ebay's market cap
[ Parent | on HN ]
Re:EBay Lays Off 10%, announces 2 acquisitions by quasimojo on Monday October 06, 2008 @01:11PM (#325101)
no, no one in the bay area lays off unless the street (stock) demands it.

the psychological impact of layoffs is the antithesis of growth, which all bay area companies are trying to project

if they didn't need to layoff, they would just put the excess headcount on cruise control, like google and yahoo do

[ Parent | on HN ]
Re:EBay Lays Off 10%, announces 2 acquisitions by mariner on Monday October 06, 2008 @02:12PM (#325157)
Not sure I follow the logic entirely. Are we talking business or fashion shows ?
[ Parent | on HN ]
Re:EBay Lays Off 10%, announces 2 acquisitions by iron_ball on Monday October 06, 2008 @02:36PM (#325177)
Yes.
[ Parent | on HN ]
Re:EBay Lays Off 10%, announces 2 acquisitions by vaksel on Monday October 06, 2008 @11:59AM (#325017)
yeah, I'll bet we'll see a lot more people going for MBAs or other grad schools this year.
[ Parent | on HN ]
Re:EBay Lays Off 10%, announces 2 acquisitions by helveticaman on Monday October 06, 2008 @12:57PM (#325086)
Or CS degrees.
[ Parent | on HN ]
Re:EBay Lays Off 10%, announces 2 acquisitions by kingkongrevenge on Monday October 06, 2008 @01:34PM (#325120)
Perhaps not! The people who do that usually do it with borrowed money. There's no money to borrow now.

They just might end up putting on white sheets, driving the mexicans out of town, and then standing around outside home depot.

[ Parent | on HN ]