Austin's big eBay deal evolves; 400 jobs with a chance for 600 more

Nov 15, 2013
Austin Business Journal

The city of Austin has corrected a City Council draft backup document that showed eBay Inc. had committed to bring 1,000 jobs to the city as part of a deal that would have Austin sponsor the tech company's bid for a state tax break program

The evolving deal would still bring 400 jobs to Austin with an average wage of $27,040 to $112,500, according to Economic Growth and Redevelopment Services Office liaison Dusty McCormick

Yesterday, the Austin Business Journal reported that the city had posted documents showing it was considering a deal to have eBay bring 1,000 jobs to Austin. City officials declined to comment on the deal or to confirm numbers listed in the deal's description at the time, citing sensitive negotiations with the online commerce company

But sometime during the following 24 hours, a sentence in a draft City Council agenda for the Nov. 21 meeting that read, "Additionally, eBay is committed to hire 600 technical engineers with an average wage of $100,000," was removed from the city's files. That sentence was an error, McCormick said. At the time this story was posted, city documents still offer conflicting average wage figures, though they may be changed soon.

Today, a spokeswoman for San Jose, Calif.-based eBay (Nasdaq: EBAY) confirmed the company's intention to hire 400 in Austin and said that it hopes to bring 1,050 jobs to Texas by 2017 via email. eBay employs hundreds here already.

While 400 of those jobs are headed to Austin, according to the statement, it's unclear whether the remaining 650 could come to Austin or are targeted for other cities in Texas

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