Yang to plug talent leakage with cash - Valleywag Comments

Yang to plug talent leakage with cash

therealsunnyvalequeen — Tue, 19 Feb 2008 21:07:27 PST

@stuka - ditto brother

therealsunnyvalequeen

Yang to plug talent leakage with cash

pleinad — Tue, 19 Feb 2008 20:05:04 PST

The biggest winner are the senior execs who will not have to work a single day again with all the millions of options vesting! The rest will get 6-12 mths, not bad. Won't the CFO, COO and CEO's job be a definite change of job description once the takeover happens? So it's guaranteed win for the top 2 levels. Good one!

pleinad

Yang to plug talent leakage with cash

stuka — Tue, 19 Feb 2008 19:20:59 PST

Its interesting that the Yahoos who contributed most to the strategic fuck up and overall loss of direction will benefit the most and the actual workers will get 4-6 months. The 24 month benefit is ridiculous. It should have been capped at 12.

stuka

Yang to plug talent leakage with cash

Nicholas Carlson — Tue, 19 Feb 2008 18:28:29 PST

@calistan: You know how to enlighten me.

Nicholas Carlson

Yang to plug talent leakage with cash

Snarkotron — Tue, 19 Feb 2008 16:46:02 PST

Change of control packages range from 4 months to 24 months of severance pay depending on job level; majority of Yahoos will get 6 months. Packages also include continuation of benefits for the same amount of time, 100% vesting of all stock options and RSUs, and a nominal dollar amount for outplacement assistance.

Snarkotron

Yang to plug talent leakage with cash

dogburp — Tue, 19 Feb 2008 16:22:18 PST

Sweet. Keep it coming Jerry! Retention cash, golden parachutes, stock is up, MSFT bucks raining from heaven. It's getting a whole lot sunnier in Sunnyvale.

dogburp

Yang to plug talent leakage with cash

calistan — Tue, 19 Feb 2008 14:33:33 PST

I think Jerry Yang was almost certainly delighted to see Bradley Horowitz go, much like the rest of us! You guys have got this stuff all wrong. He's like a master of PR. Don't you get it?! You're being played like a fiddle!

calistan

Yang to plug talent leakage with cash

ron_burgundy — Tue, 19 Feb 2008 14:06:15 PST

What talent?

ron_burgundy

Yang to plug talent leakage with cash

mandarin — Tue, 19 Feb 2008 12:48:42 PST

Well thats not a bad move... Kinda sucks to be in the lower rung of the company though.

mandarin

Yang to plug talent leakage with cash

TheGunslinger — Tue, 19 Feb 2008 10:10:09 PST

Wow, and the execs just keep getting richer while the company continues to be less innovative that the competition. Sounds like another way for the non-decision makers to make some more $$$ at the expense of the once great company.

TheGunslinger

Yang to plug talent leakage with cash

colmanstephenson — Tue, 19 Feb 2008 09:42:15 PST

Actually the retention packages (along with 'change of control' clauses) are for everyone. Not just those at the top.

A sensible and fair-minded move IMHO.

colmanstephenson

Yang to plug talent leakage with cash

abmw — Tue, 19 Feb 2008 09:27:33 PST

When in doubt, throw money at the problem.

That's what I did with my second wife, Daisy. (I know you reading this, Gal!) Vacations, gifts, kosher Salami, what have you.

We still got divorced. But, just between me and you, Valleywag, if Daisy were to call me after all these years, I'd drop everything and go back to her. That's how much I love that exotic, Moroccan Tangerino.

abmw

Yang to plug talent leakage with cash

ROIpositive — Tue, 19 Feb 2008 08:33:20 PST

Wouldn't this have to be approved by the board anyway?

ROIpositive

Yang to plug talent leakage with cash

sonofapitch — Tue, 19 Feb 2008 07:46:35 PST

Microsoft might actually like this plan, as it helps to keep the talent that it wants at Yahoo.

sonofapitch