I would say its inevitable that eBay will come out of the financial quarter badly affected which will surely lead to job losses. Given their decision to mix things up (which has worked against them) I can't see how they can expect to move in any direction other than down.
I also believe that eBay have damaged themselves too badly (most recently and earlier this year) and are probably beyond repair to ever reach the highs of several years ago. But then, the title of this thread sums the whole situation up very nicely.