Valleywag
Google layoffs at DoubleClick, the online-advertising tech company based in New York that it just acquired, began a day later than expected. Today, among others, the entire finance team was shown the door. It's a bright, sunny day in New York; a good start for ex-DoubleClickers' four-month vacation. Google's severance package: two months' pay plus another two if they sign a noncompete agreement, a Google source told Vanity Fair. No wonder Google wants them off the market: Yahoo and other online-advertising rivals are actively recruiting DoubleClick veterans. (Photo by stobor)
DoubleClick severance: up to four months' pay, if you don't go work for Google's enemies
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11:20 AM on Wed Apr 2 2008
By Nicholas Carlson
3,444 views
7 comments
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Cool! Vanity Fair is covering tech! Look forward to their upcoming net neutrality feature.
Is such a noncompete clause even worth the paper it's printed on in NYC?
Yahoo! has promised, at a minimum, a 4 month severance package to anyone who might be terminated in the event of a Microsoft takeover.
So whose not evil, anyway?
That non-compete almost certainly qualifies as evil. I guess it depends on how long the ban lasts, though.
Here we ago again...layoffs equal everyone in tears an VW covering stories daily of disgruntled employees
Good luck enforcing that non-compete clause, which are mostly illegal, if not enforceable.
@MarkTheMarketWatcher: I suspect Microsoft will simply make life unlivable for the stragglers until they quit on their own.
True evil is keeping people around just to sate your ego.
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