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| Grab Life By The Balls Join Date: Jan 2003 Location: Michigan
Posts: 7,835
| Microsoft Says it Has Plenty of Jobs for Microsoft, Yahoo Employees Microsoft says it has incentives ready to retain its employees and Yahoo employees if the takeover goes through Microsoft and Yahoo have been rivals in Internet search for years. While Microsoft has grown and maintained its profitability, Yahoo has seen a drop in stock prices and a loss in market share. DailyTech reported in February 2008 that Microsoft made an unsolicited offer of $44.6 billion to purchase Yahoo. The $44.6 billion offer placed a premium of 62% on Yahoo stock breaking down to about $31 per share. Yahoo’s board rejected the Microsoft offer saying that it undervalued the company. After Yahoo rejected the offer, Microsoft moved ahead with plans of a hostile takeover of Yahoo. The takeover made some employees within both Microsoft and Yahoo fearful for their jobs since an overlap of positions would be expected if the merger happens. DailyTech - Microsoft Says it Has Plenty of Jobs for Microsoft, Yahoo Employees |
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| Level 16, lawful good Join Date: Dec 2002 Location: It varies, but usually within 100 yards of a keyboard.
Posts: 7,284
| Re: Microsoft Says it Has Plenty of Jobs for Microsoft, Yahoo Employees Yahoo --> <-- Microsoft |
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| Registered User Join Date: Dec 2006
Posts: 326
| Re: Microsoft Says it Has Plenty of Jobs for Microsoft, Yahoo Employees Quote:
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| | #4 |
| Unscanable!!! Tatoo??? Join Date: Dec 2002 Location: Howell Michigan
Posts: 3,847
| Re: Microsoft Says it Has Plenty of Jobs for Microsoft, Yahoo Employees Yep, as soon as this is out of the spotlight of the news, it's going to be LAYOFFS!!! They'll have a job just long enough to wrap up all the loose ends they'd leave behind if they just outright canned people, then PINK SLIP!!! As soon as they think they can do it without attracting too much negative attention, they'll start canning people. Maybe they'll do it in waves, so it doesn't look as bad. ![]() |
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