Bear in mind that if you want your child to get ahead in life, don’t teach him/her how to subtract, teach him/her how to deduct!

I need someone to explain this:
>>>’The reduction is expected to result in pretax restructuring charges of approximately $70 million to $80 million.. <<<

what is ‘pretax restructuring’? (logic says a saving of £$£$£$’s )

I feel you man, I’m in the exact same boat as you. I had a very successful thing going, and for no reason a clueless manager who I never knew had power over me, decided to fire me and close me down.

So many happy customers, a fair few nutters or noobs who left me negs and tipped me over the 5% neutral / neg barrier.
No feedback withdrawal so once they’ve soiled your reputation, they can no longer resolve it.. many apologised, sympathised but this is surplus and unnecessary factual information for Judge Dred (Donahoe).

The fact that three former eBay leaders will launch soon a new marketplace where the voices of buyers and sellers are being implemented says enough. I cant wait till the site is open. A press release is expected this month!

hmmmm.

I do not believe eBay is in great need for more money, it already has more than a fair share of profits. eBay seems to have huge cash flow and could make life of many people great, but hold on… spending on customers would not be good for stock price. So, the answer is simple – layoff people and hope for the best. Mass layoffs are not for quality improvements, they’re for reducing expenses.

I have a friend who left eBay. Partially because he wanted to learn something new and advance career. Partially because he did not feel like the company had business vision. Business decisions in the last 1-2 years did not make much sense to him (just like they did not make sense to many of you). Almost everything in business felt like concentrated on tweaking existing parameters and policies (e.g. fees, shipping policies, payment policies, search order) and mailing out some quite pathetic ads.

How will layoff affect users? You can guess it just like any insider would. If eBay (as a business) could start paying more attention to the customers, instead of going after GMV, number of items sold or concentrating on ever-increasing fees. If they could try to expand their business solutions and make it free for all eBay users, instead of pushing more money-generating addons to existing pages (making pages more and more complicated and confusing). Having all this wishful thinking… if they could do it, and also layoff people who were pushing the “profits rule it all” goals, and people who were chanting “this new feature does not fit our core business” mantra, and people who were overusing “this is not my area” replies. Well, if that could happen, this layoff may become blessing and the new life for eBay. But mass layoff is not for that. Otherwise, we can honestly expect less corporate expenses in Q4 & Q1 to please stock traders, and less quality support for eBay users both in short- and long-term.

Just my thoughts…

How many of us have sent emails to Ebay about a problem and gotten responses that don’t have anything to do with our question, etc? That has to do with the employee…not the company.