LayoffBlog.com

December 23, 2008

Yahoo’s Holiday Bonus: A Lawsuit Settled

According to Vallewag: “If you thought Google’s “dogfood” holiday gift was chintzy, check out what Yahoo employees got: $50. To donate to charity. Some others, though, are stuffing their stockings with a $10 million legal settlement.”

“The suit, Salsgiver v. Yahoo, has been settled and checks have been issued, with some plaintiffs getting $10,000 to $12,000, before tax, for their troubles. (One plaintiff tells Valleywag that 75 percent of the settlement came in the form of taxable salary, with the rest paid as a penalty.)”

1 Comment »

  1. It’s better than what Northwest Airlines handed laid-off employees when they went through a massive restructuring 2 year ago. Perhaps companies have learned since that corporate embarrassment!

    cheers
    FiredForNow
    http://www.firedfornow.com

    Comment by gettingfired — December 24, 2008 @ 12:41 pm | Reply


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