Thursday, June 16, 2011

BusinessWeek: Skype Fires Executives, Saving Merger Payouts

At least eight senior executives at Skype Technologies SA have been dismissed before the recent acquisition with Microsoft is consummated, according to Bloomberg BusinessWeek. The move is seen as reducing the value of the payout to these employees, as their stock options would have been worth considerably more if they fully vested through the acquisition.http://www.businessweek.com

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