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10-06-2008, 09:17 AM | #1 |
Elevation: 945 ft
Join Date: Jun 2008
Location: Iowa
Posts: 2,639
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Here is the link...no big surprise here...
EBay to cut 10% of workforce, make acquisitions - MarketWatch |
10-06-2008, 09:21 AM | #2 |
more than a conquerer
Join Date: Aug 2008
Location: I helped take the BST Forum here to heights never known to mankind! For real, yo!
Posts: 10,502
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not surprising at all but, thanks for the news. With a fvf of over $2.00 on a $15 item (if it sells) plus the insertion fee and, then paypal on top of that it was bound to affect them in the long run. In this case it was in the short run i guess!
haha
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10-06-2008, 09:31 AM | #3 |
Banned
Join Date: Dec 2007
Location: Pana, IL
Posts: 2,786
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Don't worry, the Gov't will bail them out.
Anyway, who didn't see this coming? They're screwing the little guys who sold the most stuff and now those sellers are backing off. did they think the magic money fairy was going to keep those funds coming even after everyone jumps ship? Idiots. |
Ewokhunter92 |
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10-06-2008, 09:33 AM | #4 |
Elevation: 945 ft
Join Date: Jun 2008
Location: Iowa
Posts: 2,639
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You have to love that last paragraph.
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10-06-2008, 09:54 AM | #5 |
Banned
Join Date: Dec 2007
Location: Pana, IL
Posts: 2,786
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Yeah, back in July they worried investors and now they spend 900+million on what? That's right, MORE online based payment services.
Heh Last edited by Ewokhunter92; 10-06-2008 at 10:01 AM.. |
Ewokhunter92 |
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10-06-2008, 09:55 AM | #6 |
www.kittyspryde.com
Join Date: Sep 2007
Location: New Port Richey, Florida
Posts: 8,434
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I think if they decreased the fees for the sellers they could help themselves in the long run. But there are alternatives, looks like ecrater.com which has no seller fees will wind up picking up some more business.
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