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    'Times' Rescinds Buyout Packages For Six Laid-Off Employees

    read more: #lawsuits, #severance, #yahoo, #acquisitions, #layoffs, #microsoft, #perks, #valleywag

    Microsoft plans to offer Yahoos $1.5 billion if they'll stay with the company

    YahooCubicles.jpgDuring proceedings in a shareholder lawsuit against Yahoo's board, Microsoft lawyers said that the company has set aside $1.5 billion to retain Yahoo employees. This cash is separate from a Yahoo board-approved severance package that guarantees two years' pay to anybody laid off after a change in control. Already, two-thirds of our readers said they would prefer to see Yahoo merge with Microsoft instead of AOL. Sources confirm the sentiment is similar inside of Yahoo. (Photo, "Free Man's Prison," by code_martial)


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