Online auction giant eBay cutting off workforce and lay off staff.
With recession in the near horizon, companies are in the rush to shrink their organization size, reduce operating cost and are seen busy retrenching people.
The online auction giant, eBay (eBay.com), is not spared.
After seeing the company’s third quarter revenues for the year 2008 hitting another [...]

Malaysians working in Singapore may lose their jobs through retrenchments and lay offs in the next coming few months as the country is hoovering into recession.
That is the advice of Malaysia’s HR Minister, Datuk Dr. S Subramaniam who is asking Malaysian citizens in the neighboring country to prepare for the worst.
All is not well at [...]