Interesting tidbits found in eBay layoff story

[val2525]

I know, another story on the upcoming layoffs at eBay, but there are some interesting comments about PayPal developments too.


www.usatoday.com/story/money/business/2015/01/21/ebay-paypal-earnings-split-icahn/22109419/

I especially thought this was an interesting little tidbit:


EBay also warned that first-quarter revenue will be between $4.35 billion and $4.45 billion as "infrequent shoppers" stay away from the site.

"It's the infrequent shopper that comes two, three, four times a year," said Donahoe. "They didn't come back at the rate we thought."

Would that be the annoying entitled holiday buyers he's referring to?

[Deleted]

Carl Icahn ruins the lives of the employees (example - TWA / Trans Wold Airlines). 

[mupcycledcouture]

Here is what is funny. Ebay has chased off the loyal buyers and sellers because they arrogantly thought they could easily replace them with the infrequent shoppers. Another bad decision from the Ebay management team.

[val2525]

Carl Icahn is a corporate raider, plain and simple. I wish the media would start using that term again instead of 'investor' for this azz hat. The only investments he cares about are his own.

I'm amazed, though, that eBay management doesn't get WHY these buyers aren't returning.

I'm seeing reports in other groups I'm in from HUGE sellers who have seen 50%, 60%, even 70% drop in sales over the past two years, yet their sales elsewhere are booming. Elsewhere being Amazon and their company websites. And these sellers aren't sellng fickle fashion, they're selling commodities, commercial goods and basic consumer goods that aren't overly affected by economy issues or being out of style.