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eBay to Cut 2,400 Jobs & Explore Sale

EBay said today that it would cut 2400 jobs globally in the first quarter as it looks to reduce costs ahead of its planned spinoff of PayPal. The company also said it would explore a sale or IPO for its eBay Enterprise unit. The job cuts are across all divisions of the company, including PayPal. http://goo.gl/edU3Go #tech

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