A former eBay employee is a friend, and is reporting potential layoffs. This is completely unsubstantiated so far, but it would make sense - eBay has been losing its clout, and its business model changes haven't been received too well this year. They also probably have more people than they need, from what I've seen - even to just keep operations going as-is.
And Yahoo might slash up to another 3,500 positions in Q4. The funny thing is, with the huge number of defections from Yahoo each month, the true effect is much deeper than the layoffs indicate.
Signs of a downturn indeed.
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