Google Giveth and Yahoo Taketh Away

Schachter, Ken
January 2009
Red Herring;1/23/2009, p2
Trade Publication
The article reports on stock options for Google employees and freezing of pay of salaries of Yahoo. Google announced that roughly 85 percent of its employees who have underwater stock options will be allowed to exchange the financial instruments one-for-one for new options with a strike price set at the close of trading on March 2, 2009. On the other hand, Yahoo Chief Executive Carol Bartz imposed a pay freeze on the almost 14,000 rank-and-file.


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