The Channel logo

News

By | John Oates 25th February 2008 11:38

Microsoft emails its staff to reassure Yahoos

Hey guys, it's all about you

!!!!! Microsoft exec Kevin Johnson has emailed all Microsoft staff to reassure them about the Yahoo! acquistion.

The mail, which was publicly released, seems to be as much for Yahoo! staff as for existing Microsofters.

For instance, the mail reassures west coasters that Microsoft intends to keep Yahoo!'s Silicon Valley offices and that parts of the company's brand are likely to survive the takeover.

The mail warns that there could be redundancies because there is overlap between the two companies, but that Microsoft is a growing company and needs staff "throughout the company as a whole".

Still, Microsoft staff are warned not to jump the gun - they should "not speculate with Yahoo! employees about the proposal or about what a deal would mean for the combined company".

The mail also reassures staff that the takeover would not be hamstrung by incompatible technology, even though Yahoo! is a non-Windows house.

The full email is available here.

In other news, two major Yahoo! shareholders have started legal action against the company for turning down the Microsoft bid.

Two public pension funds in Detroit representing firefighters, police and other public employees are taking legal action against Yahoo! for rejecting Microsoft's offer.

Documents filed with the Chancery Court in Delaware criticise not just the rejection of the takeover but other actions taken by directors seen as making any acquistion more difficult. The Wall Street Journal reported last week that Yahoo! is increasing severance packages for staff in order to make any takeover more expensive. ®

comment icon Read 18 comments on this article alert Send corrections

Opinion

Alexandre Mesguich

Change is order of day as tech giants shift strategy gears
Partnership

Frank Jennings

Confused? No problem, we have 5, no 6, no 7... lots of standards

Chris Mellor

VC sequence could end not with a bang, but a whimper
Sad man stares glumly over boxed contents of desk. Image via shutterstock (Baranq)

Features

money trap conceptual illustration
Big boys snare the unwary with too-good-to-be-true deals
Angus Highland cow
Pet carriers not wanted for whitebox stampede
FBcoldstoragearray
Sorry OpenStack and Open Compute, we're not all Facebook
Gary Kovacs, CEO of AVG. Pic: World Economic Forum
Scammy download sites? Government snooping? Run of the mill for Gary Kovacs