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Old 02-25-2008, 10:31 AM   #1
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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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Old 02-25-2008, 12:59 PM   #2
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Re: Microsoft Says it Has Plenty of Jobs for Microsoft, Yahoo Employees

Yahoo --> <-- Microsoft
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Old 02-26-2008, 12:19 AM   #3
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Re: Microsoft Says it Has Plenty of Jobs for Microsoft, Yahoo Employees

Quote:
Originally Posted by SRTDodge05 View Post
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
That will be true for about six months when the consolidation takes place. Been there, done that.
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Old 02-26-2008, 04:00 AM   #4
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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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