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eBay to fire 1,000, spends $1.3B on M&A (from Corporate Dealmaker)

To create a more agile company, eBay Inc. plans to reduce its global workforce by about 10%, affecting around 1,000 employees in addition to several hundred temporary workers. It's also continuing to expand beyond its core auction site. Looking for more profitable endeavors, eBay acquired Denmark's leading online classifieds...

Posted on October 6, 2008 12:34 PM

eBay's top dealmaker talks strategy (from Corporate Dealmaker)

Acquisitions have long been important to eBay Inc. And with $7.6 billion in revenue last year but slowing growth in its core auction business, the company will continue to emphasize them. Right in the center of that effort is Lorraine McDonough, vice president of corporate development, who led the $1.5...

Posted on February 19, 2008 3:08 PM