Pender's Blog by Lee Pender, RCPU Editor

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Details of Microsoft-Yahoo Deal Become Clearer

Good news for at least 400 Yahoo employees: Microsoft is going to hire you as part of its deal with the search also-ran. Bad news for the 5,000 or so Microsoft employees the company has laid off recently or will lay off soon: While you're out of work (hopefully not for long), 400 Yahoo employees will be moving (at least virtually) to Redmond.

Microsoft is also forking over $150 million over three years to Yahoo to get things rolling on the almost assuredly futile chase to catch Google in search.

Posted by Lee Pender on August 06, 2009


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