Pender's Blog by Lee Pender, RCPU Editor

Blog archive

Skype Ices Execs To Avoid Payouts

Ah, Skype is learning from Microsoft already. The company, based in one of the smallest countries in the world (Luxembourg), reportedly axed a bunch of executives this week.

Why? Because by doing so, Skype can get rid of these folks before its buyout deal with Microsoft closes and therefore avoid paying the execs money they might have received in stock options after the deal closed.

All of this makes us at RCPU think that if we ever do leave to go to a startup (not likely, by the way), we're going to ask for compensation in bags of cash with unmarked bills. Any other form of payment just seems too risky.

Related:

Posted by Lee Pender on June 21, 2011


Featured

  • An image of planes flying around a globe

    2025 Microsoft Conference Calendar: For Partners, IT Pros and Developers

    Here's your guide to all the IT training sessions, partner meet-ups and annual Microsoft conferences you won't want to miss.

  • Google To Acquire Cloud Startup Wiz for $32 Billion

    Google has announced a pending agreement to acquire Wiz Inc., a cloud security platform, in an all-cash deal worth $32 billion.

  • FTC Expands Microsoft Antitrust Investigation Under Trump Administration

    The Federal Trade Commission (FTC) is pressing ahead with a broad investigation into Microsoft's business practices, an inquiry that began in the final weeks of the Biden administration.

  • Microsoft to Shut Down Skype Services

    Microsoft will discontinue its Skype telecommunications and video calling services on May 5, 2025, marking the end of the platform's decades-long run.

Most   Popular