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      eBay to cut workforce by 1,000


      as it announced the job cuts, ebay also said it had gone on the acquisition trail, buying online payments site bill me later .
      ebay - which already owns online payment firm paypal - has signed an agreement to buy bill me later for $820m in cash and $125m in options .
      ebay also said it had bought two danish clas sified advertising websites .
      online auction website ebay has said it ris to lay off 1,000 employees, which is 10% of its workforce, as part of a move to streamline the business .
      Generated 2008-10-8_22:6





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