Dismissal at eBay, despite profitability
eBay’s revenue and profit also in the last quarter of 2014. Despite the favorable financial data, the company announced that it would lay off 2,400 of its employeees.
The company's revenue in the fourth quarter increased by 8.6 percent on an annual basis, reaching 4.92 billion USD. The company’s net profit increased by 10.1 percent to 936 million USD.
The layoffs in the first quarter 2015 will xcause 100 million USD extra expenses to the company, but for the entire year the savings will reach 300 million USD. (MTI, mno.hu)
Related news
Metro AG reports 7.2% sales growth in the second quarter
Metro AG reported a 7.2% sales growth in the second…
Read more >The AutoWallis Group is planning another doubling of its regional growth strategy until 2028
The AutoWallis Group plans HUF 750 billion in sales revenue…
Read more >Temu has withdrawn from its aggressive marketing strategy
In recent months, significant changes have taken place in the…
Read more >Related news
A Hungarian specialist became Danone’s Eastern and Central European sales manager
From this July, Enikő Bolyós organizes and manages the company’s…
Read more >Dynamic expansion in the SPAR franchise network: 19 new stores in Hungary
In the first half of 2024, the SPAR franchise network…
Read more >This is why Hungarians are tired in the summer
Global warming causes an average of 44 hours of sleep…
Read more >