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San Jose-based eBay eliminating nearly 300 Bay Area jobs

SAN FRANCISCO (KGO) -- Online marketplace giant eBay is cutting hundreds of employees from its Bay Area workforce, many of whom work at the company's global headquarters in San Jose.

"The competition has gone up, and now, you have lots of places online that you can get stuff from," said Kirthi Kalyanam, director of the Retail Management Institute at Santa Clara University. "Part of the challenge for eBay is that it has not evolved into what the next generation of e-commerce should be."

http://abc7news.com/business/san-jose-based-ebay-cutting-nearly-300-jobs/3782862/

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