Latest Tech News - Skype firing execs before Microsoft merger?

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  • vis~as
    • Sep 2006
    • 8928

    Latest Tech News - Skype firing execs before Microsoft merger?

    Skype, the Internet phone giant recently purchased by Microsoft, is firing senior executives ahead of the deal's closure, a move that reduces their payout, Bloomberg reports.

    Four vice presidents, the company's chief marketing officer and human resources chief were among those dismissed from the Luxembourg-based company, according to the report, which cited sources who requested anonymity because the departures weren't made public. The report also named two other executives from a recent acquisition who were let go.

    "As part of a recent internal shift, Skype has made some management changes," Skype spokesman Brian O'Shaughnessy told Bloomberg.

    Microsoft representatives did not immediately respond to a request for comment.

    Microsoft announced its intentions in May to acquire Skype for $8.5 billion--it's largest ever.

    Microsoft said at the time it plans to integrate Skype's technology with theXbox game console and Kinect motion-sensing device, as well as with its Windows Phone platform. The company also will "connect Skype users with Lync, Outlook, Xbox Live, and other communities."







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