Bloomberg is reporting that ahead of the finalizing of the deal with Microsoft worth 8.5 Billion dollars Skype is firing some “senior executives” so they can avoid larger payouts to these execs as a result of the purchase.
The story says that because of when they are let go their stock options will be worth MUCH less.
Love this quote:
“As part of a recent internal shift, Skype has made some management changes,” said Brian O’Shaughnessy, a Skype spokesman.