Version: 2008
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Comments on: Yahoo dishes up FAQ on its employee severance plans

Yahoo tells employees the "that's nuts" comment made by its outside compensation consultant was no reflection of his views on the Internet company's severance package.

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by df561 June 11, 2008 4:38 AM PDT
an ingenious plan...I love it =]
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by James7777777 June 11, 2008 5:45 AM PDT
Talk about job security for Yahoo's board of directors!
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by Bill_I June 11, 2008 8:24 AM PDT
Wouldn't it be nice if Carl iCon just went away, he is nothing but trouble. Assimilation, all or in part, by the Borg of Redmond might actually benefit someone, whereas iCon is just a barbarian at the gate. Where is Henry Kravis when we need him?
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by aintnorainbowdorothy June 11, 2008 3:47 PM PDT
The plan is still slightly gaga. If Jerry Yang is demoted or fired from his position as CEO, all his vested options (most of them probably), at say $10 a share wold be paid at market price. That's nuts. And line of business managers could say 'I just ain't wrking for Microsoft'. As could all other workers with as big a bias against Microsoft. Again that's just plain nuts. They quit, get a golden parachute based on vested options, which the Yahoo Board could immediately give all employees, and that's what's known as a posion pen. Nuts.
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by benjaminstraight July 31, 2008 3:55 AM PDT
wow
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