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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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