2015 Event E-commerce company eBay announces that it will lay off 2,400 employees in advance of its plans to spin off its PayPal unit; the split is expected to take place in mid-2015 2014 Event Movie studio Warner Brothers announces plans to lay off employees and reduce costs in order to improve efficiency; parent company Time Warner Inc. is seeking improvements across its divisions after rejecting a buyout offer by Rupert Murdoch earlier this year 2014 Event Microsoft announces that it will lay off 14% of its workforce, equalling approximately 18,000 employees; many of the cuts are expected to come from recently-acquired Nokia 2013 Event Caterpillar, a heavy construction equipment manufacturer, announces plans to lay off 300 additional employees at its Decatur, Illinois facility by July 2013 2010 Event Raul Castro, head of the Cuban government, declares they will lay off half a million state workers to improve their economy by the middle of 2011 2006 Death Kenneth Lay, American Businessman 1993 Event Frito Lay pays court ordered $2,500,000 to Tom Wait for using his song 1991 Event Bjorn Borg loses 6-2, 6-3 to Jordi Arrese after 8 year lay off 1970 Event Melanie releases "Lay Down" 1969 Birthday Jeff Lay, Ottawa Ontario, rower 1996 Olympics 1963 Event John F. Kennedy's body, lay in repose in East Room of White House 1942 Birthday Kenneth Lay, American Businessman 1941 Birthday Long John Baldry, England, blues vocalist, Don't try to Lay No Boogie 1940 Event 1,000s Paris students lay reath at Grave of Unknown Soldier 1940 Event Wrestling returns to Madison Square Garden after 12 year lay off 1919 Birthday Jimmy "the Greek" Snyder, gambler/sportscaster, lay you 5 to 1 1904 Event Netherlands and Portugal lay down bounderies splitting Timor 1855 Event Commissioners appointed to lay out San Francisco streets west of Larkin 1806 Event British forces lay siege to French port of Boulogne using Congreve rockets, invented by Sir William Congreve 1789 Event Benjamin Banneker with L'Enfant begin to lay out Washington D.C. 1696 Event English / Welsh nobles lay down Oath of Assn 1572 Death Adrianus van Gouda, lay brother, hanged 1572 Death Cornelis van Diest, lay brother, hanged 537 Event Goths lay siege to Rome