Top Stories
|
Microsoft emails its staff to reassure Yahoos25 Feb 2008 11:38 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. ® 18 comments posted — Comment period finished BangPosted: 13:02 25th February 2008 I'm all for itPosted: 13:27 25th February 2008 One good thing may come out of itPosted: 15:41 25th February 2008 The Al Qaeda EffectPosted: 17:01 25th February 2008 @RogerPosted: 21:19 25th February 2008
Track this type of story as a custom Atom/RSS feed or by email. Related storiesBallmer pledges PHP love in Microhoo future (6 March 2008)
|
Breaking Hardware News
Nvidia has admitted that its vast array of graphics chips is bewildering consumers, who find increasingly difficult to work out what does what.
Newsletter |