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eBay reports Q2 revenue up 6% YoY to $2.73B, vs. $2.64B est., gross merchandise volume up 6% to $19.5B, net income up 64% to $368M; EBAY jumps 10%+ after hours (Natalie Weger/Wall Street Journal)

Natalie Weger / Wall Street Journal : eBay reports Q2 revenue up 6% YoY to $2.73B, vs. $2.64B est., gross merchandise volume up 6% to $19...

3 July 2024

Information management company OpenText plans to cut about 1,200 jobs, or ~1.7% of its workforce, and expects to reduce its annual expenses by CA$150M in 2025 (Juby Babu/Reuters)

Juby Babu / Reuters:
Information management company OpenText plans to cut about 1,200 jobs, or ~1.7% of its workforce, and expects to reduce its annual expenses by CA$150M in 2025  —  OpenText Corp (OTEX.TO) said on Wednesday it would cut about 1,200 jobs, around 1.7% of its workforce, as part of its new business optimization plan.

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