Report: eBay should lay off 1,500
Auction giant eBay may have to cut ten percent of its 15,000-strong workforce if CEO John Donahoe wants to keep his job, research firm Wedge Partners reports. Considering that Donahoe will receive up up to five years pay if he gets canned, we wonder why he'll bother. The good news for the grunts is that cutting payroll probably won't happen until at least after the election, in order for Republican groupie Meg Whitman to save face. (Photo by AP/Douglas C. Pizac)