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Posted in Finance, Microsoft at 7:13 pm by Dr. Roy Schestowitz
Summary: Benefits or luxuries no more as Microsoft shelves an advertising arm
Microsoft had not only shed off 2,000 (or more) employees a couple of months ago. It also took away their benefits.
=> a couple of months ago | ↺ took away their benefits
Employees at Razorfish — the digital media agency that Microsoft is selling off to Publicis Groupe for $530 million — will lose 75 percent of their unvested stock options once the deal goes through. AdAge reports that employees of the Seattle-based agency — which was consumed by Microsoft as part of the $6 billion aQuantive deal — will get 25 percent of their options and they must stay with the newly-merged company until next June in order to collect.
At the request of one reader, we have created this page which summarises developments and news about Microsoft layoffs. █
=> ↺ this page
“The people of the States now confederated…..believed that to remain longer in the Union would subject them to continuance of a disparaging discrimination, submission to which would be inconsistent with their welfare, and intolerable to a proud people. They therefore determined to sever its bounds and established a new Confederacy for themselves.”
–Jefferson Davis
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