Archive for the ‘Holy Shit’ Category

More on the generous severance package rumor

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 ...

Icahn: Yahoo! Twists and Distorts Facts

Monday, July 14th, 2008

Carl Icahn: Over the years I have attempted to make changes at many companies but I have yet to see a company distort, omit, and twist events and facts in the manner that Yahoo! has done in their press release issued Saturday night, July 12th. http://www.businessweek.com/technology/content/jul2008/tc20080714_030021.htm

LAYOFFS IMMINENT

Friday, June 27th, 2008

Brace yourselves!

Yahoo’s Letter to Stockholders

Wednesday, February 13th, 2008

Yahoo! sent a letter to its shareholders. It states: "...Your Board of Directors, after a careful review by Yahoo!'s management along with our financial and legal advisors, believes that Microsoft's proposal substantially undervalues Yahoo!" Please excuse us for a moment.... AHAHAHAHAHAHAHAHAHAHAHAHA...ahahahaha... AHAHAHAHAHAHAHA... ha... Apologies. Full letter can be read here.

LAYOFF ALERT (It’s about freakin time)

Friday, February 8th, 2008

After months and months and months of rumors -- new rumor has it the axe will finally fall as early as next week... Not that it was a surprise, but the feet-dragging was getting excruciating. HR's working around the clock over the weekend, and managers are mumbling, with deployment plans being distributed ...