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eBay Lays Off 10% of Workforce, Acquires Bill Me Later and DBA.dk
By Anna Johnson on October 8th, 2008eBay has announced it will lay off 10% of its workforce – around 1,000 staff plus several hundred temporary positions.
Meanwhile, the company has also made two acquisitions: Denmark’s classifieds site, DBA.dk, for $380 million, and Bill Me Later for $820 million in cash and around $125 million in outstanding options.
