Severance pay and "related cash expenditures" will cost Yahoo between $20 million to $25 million, the company said in an SEC filing. Given that Yahoo laid off around 1,000 employees, crude math with these figures suggests laid-off Yahoos walked off with an average severance package of $20,000 to $25,000. Call it $7,500 a month for three months of severance pay. Annualized, that makes being a laid-off Yahoo a $90,000-a-year job.

Sort of. That figure doesn't actually peg any particular severance package. But considering VP types likely walked away with much fatter packages, this low estimate helps explains why Bradley Horowitz and Jeff Bonforte waited until February 11 to skitter out Yahoo's portholes. (Photo by AussieGold)

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