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Senior Yahoos To Jerry: Please, Please, Please Get This Over With

• simianstyle 19y ago
  On a side note, I love how Yahoo! totally gamed their financals by laying off 2000 employees the previous month to save costs and artificially drive up their valuation.
  • mlinsey 19y ago
    Weren't those the layoffs that were announced before the buyout offer?
    • technoguyrob 19y ago
      Yes. [1] [1] January 22, 2008. http://www.nytimes.com/2008/01/22/technology/22yahoo.html?_r=1&ref=technology&oref=slogin http://www.nytimes.com/2008/01/22/technology/22yahoo.html?_r...
• jrockway 19y ago
  Waiting for the severance is a good idea. I worked at DoubleClick when Google bought them, but hated the job and quit before they ever got their act together and pulled the trigger. I figured they were going to fire everyone anyway. Well, I was right, they did fire nearly everyone ;) but in such a way that most people got like 7 months of free money. For 5 months they have to show up and work (on personal projects; you can't get fired for not working, you're already fired), then they get 3 months of free money after that. Not a bad deal. I was happy when they gave me 2 weeks of free money after I quit. 7 months would have been a nice vacation. (I wish I had stayed so I could try to get fired after being fired. That would have made for a good story :)