With mass layoffs hitting almost all major IT companies, you can't but wonder if the remaining workers, and especially executives, have had their salaries trimmed to cut costs and keep some of their colleagues on board.
Carol Bartz, the recently appointed Yahoo CEO, will get $19 million in 2009. As if this wasn't enough in this time of crisis, she will also get a bonus and stock options, too. Ex-Autodesk CEO Bartz is a successful manager, no question about that, but we can't help but wonder how some of the sacked Yahoo workers feel about her salary and appointment.
What's more, these same workers can't be too glad that previous CEO and co-founder Jerry Yang didn't sell the search outfit to Microsoft for $47 billion mere months before the crisis struck.
More here.
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10% cut coming to Yahoo! Wednesday