Archive for December, 2008
Thursday, December 11th, 2008
Pretty freaking generous if you ask us:
Employees are considered "on the payroll" through Feb. 13th (accrue vacation, get benefits, etc. during that time).
On Feb 13th, if employee hasn't found a new job, Y! pays out a 2 month severance in lump sum form
All employees must remain ...
Posted in Holy Shit, Personal Accounts | Comments Off
Thursday, December 11th, 2008
...and they weakened the severance plan on the same day...
http://www.alleyinsider.com/2008/12/while-you-were-getting-firedyahoo-made-it-easier-to-sell-the-company-yhoo
Posted in Sad | Comments Off
Wednesday, December 10th, 2008
The sad stories are coming in, but if that "four months of severance of rumor" is true, then we are not as sad for them.
Managers are in early and tv crews are outside. Commence bloodbath. about 3 hours ago from txt
I checked the employee directory and a couple of people ...
Posted in Personal Accounts, Sad | Comments Off
Wednesday, December 10th, 2008
Jerry Yang's memo to Yahoo employees about the December '08 layoff:
yahoos,
today, most of our layoffs in the US are happening, and they’ve been underway in other regions around the world.
this is a tough time for all of us and i wanted to take a moment to reach out to ...
Posted in Sad | Comments Off
Wednesday, December 10th, 2008
Yeah, you read it right -- The Big Purple Y! is finally running their layoffs, almost three months after they hire "Bobs" to cut staff (and of course denying anything of the sort would happen).
Stories:
http://valleywag.com/5106184/yahoos-secret-layoff-doublespeak-revealed
http://valleywag.com/5106683/jerry-yangs-incompetent-layoff-memo
http://valleywag.com/5106644/the-long-goodbye
Posted in Desperate, Sad | Comments Off