Yahoo has settled a lawsuit brought by investors by reducing the severance plan it created in February 2008 when Microsoft made an unsolicited takeover bid. The costly programme has now been reduced so that employees dismissed within a year, rather than two years, of a takeover will receive severance. Reuters
Posted by Ellen Wallace on 11 December 2008 at 8:05 |
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This work by genevalunch.com is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.
News story, GenevaLunch, 11 December 2008.
Filed under: World news
Tags: search business, Yahoo
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