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EBay lays off 2,400 after earnings tank
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<p>[QUOTE="tommyc03, post: 2068087, member: 17665"]A little elaborating on my previous post. I don't just sell coins, which I could and sometimes do ship for free, but also sell a range of things like vintage housewares, heavy electronics, heavy mechanical items, ephemera, etc. If I sell a vintage silver plate coffee urn for $40.00, and that's worth $80-100.00, it costs me $20.00 to ship, exact shipping, then my attempt at profiting is vastly reduced, because I also had to buy that urn at $20.00 in order to re-sell it. I am not a big box seller who relies on thousands of sales a month and can take a loss on shipping. I would not expect any company to operate at a loss but Ebay is HUGE. And much of Ebay exists only as HTML. Ebay also owns Pay Pal and makes HUGE amounts of money sitting on those accounts that do not get used. Ebay also owns Bill Me Later which is another HUGE cash cow. Maybe it's time to weed out some chaff in their ranks. If their current business model is flailing then it's obviously time for some changes. Ebay is not a business for me, it's my attempt to keep putting groceries on my table while in my social security years. And this is not a sob story, it's my reality. Somewhere they managed to mismanage their affairs this past year, I did not.[/QUOTE]</p><p><br /></p>
[QUOTE="tommyc03, post: 2068087, member: 17665"]A little elaborating on my previous post. I don't just sell coins, which I could and sometimes do ship for free, but also sell a range of things like vintage housewares, heavy electronics, heavy mechanical items, ephemera, etc. If I sell a vintage silver plate coffee urn for $40.00, and that's worth $80-100.00, it costs me $20.00 to ship, exact shipping, then my attempt at profiting is vastly reduced, because I also had to buy that urn at $20.00 in order to re-sell it. I am not a big box seller who relies on thousands of sales a month and can take a loss on shipping. I would not expect any company to operate at a loss but Ebay is HUGE. And much of Ebay exists only as HTML. Ebay also owns Pay Pal and makes HUGE amounts of money sitting on those accounts that do not get used. Ebay also owns Bill Me Later which is another HUGE cash cow. Maybe it's time to weed out some chaff in their ranks. If their current business model is flailing then it's obviously time for some changes. Ebay is not a business for me, it's my attempt to keep putting groceries on my table while in my social security years. And this is not a sob story, it's my reality. Somewhere they managed to mismanage their affairs this past year, I did not.[/QUOTE]
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