EBay denies firing PayPal president

        David Marcus

While eBay (NASDAQ:EBAY) insiders reportedly say David Marcus, former president of PayPal, was fired from the company, eBay executives are denying that claim.

Even though Marcus said earlier this month that he was voluntarily stepping down to head up messaging products at Facebook, VentureBeat reports that he was forced to leave. "David's a product guy. His background is in product. It wasn't working, and he was pushed out," a source at eBay said.

Marcus ruffled feathers at PayPal when he sent a heated email to all of PayPal's employees, criticizing them for not using PayPal's mobile app. If workers weren't passionate about the company's mission, they should find another job, he wrote.

However, eBay executives vehemently deny firing Marcus. "The story is flat out wrong," said Alan Marks, eBay's senior VP for communications. And Anuj Nayar, PayPal's senior director of global initiatives, said, "David made a personal career decision to join Facebook. We wish him the very best, and thank him for his leadership and commitment to PayPal over the last three years."

For more:
-See this VentureBeat article
-See this eCommerce Bytes article

Related stories:
Facebook, Amazon, PayPal duke it out
Amazon expands payments, PayPal founder launches Affirm Split Pay
EBay CEO comments pave way for Bitcoin growth
PayPal launches new brand campaign and logo
EBay pilots click-and-collect program, prepares to take PayPal in-store

Suggested Articles

Costco changes up its menu items, and Alibaba and Guess partner for a physical store.

Janey Whiteside, Walmart's new chief customer officer, is well acquainted with the importance of customer service in modern retail.

Whole Foods will offer deals on Amazon's Prime Day, and tariffs against China are causing pricing hikes.