eBay Fraud Scams exposed

eBay continues to spend all of it’s revenues on stock repurchases to prop it’s own shares. It’s all about make belief to shareholders. Meantime the rumors that eBay is cutting 10% of it’s work force have been confirmed by Wall Stree Journal this morning.

The employees may be better off elsewhere : according to the latest ratings where employees rate their own employer, eBay CEO rating dropped to 26% from over 30% in less than a month and there is a major discontent brewing inside company ranks.

Average ratings from all usersOverall Rating
2.9 CEO Approval

John J. Donahoe
President and CEO

26% “Approve”
1 - 10 of 143 Reviews for eBay

Sep 9, 2008

10 found helpful
“Why is management trying to kill the golden goose?…”
Software QA Engineer in San Jose, CA (United States)
Sep 8, 2008

10 found helpful
“One eBay insider’s point of view…”
Program Manager in San Jose, CA (United States)
Sep 21, 2008

8 found helpful
“Ebay needs to get back to what made it great, being a unique force in the online marketplace.…”
Independent in San Jose, CA (United States)
Sep 12, 2008

9 found helpful | 1 comment
“Nearly 5 years there - what was I thinking…”
Senior Staff Software Engineer in San Jose, CA (United States)
Sep 11, 2008

8 found helpful
“Horrible for engineers.…”
Senior Software Engineer in Campbell, CA (United States)
Aug 22, 2008

10 found helpful
“eBay attracts a lot of great people, then the company culture beats them down and they leave within a couple of years.…”
Senior Product Manager in San Jose, CA (United States)
Sep 19, 2008

7 found helpful
“Great company, great purpose, no leadership, no willingness to admit mistakes…”
Senior Manager in San Jose, CA (United States)
Sep 10, 2008

8 found helpful
“Used to be a good place to work….…”
Program Manager in San Jose, CA (United States)
Sep 27, 2008

5 found helpful
“Was a great place to work when it was eBay instead of Amazon Jr. or Walmart.com Lite…”
Project Manager in San Jose, CA (United States)
Sep 8, 2008

6 found helpful | 1 comment
“John J. Donahoe does NOT know how to run a company!…”
Software Engineer in San Jose, CA

Can this get any worse?

Yes it can and yes it will. There are many reasons why. One of the best summaries of lately was published today at Forbes Magazine : The Real Reason eBay Is Stuck

eBay shares keep plunging as more on more bad ebay news paired with financial markets turmoil - we now have a 5 year low and finance forums for eBay shares at Yahoo and Google message boards are buzzing with discontent.