Monday, June 20, 2011

Skype Fires Senior Executives to reduce payout after Microsoft Takeover

Skype Technologies is firing its senior executives before the Microsoft deal closes, a move that reduces the value of their payout.

As per Bloomberg News, Vice Presidents David Gurle, Christopher Dean, Russ Shaw and Don Albert were dismissed.

Chief Marketing Officer Doug Bewsher and Anne Gillespie, head of human resources, were also fired.

If the executives had stayed until after the Microsoft deal closed, their stock options would be worth more, so Skype and Microsoft save money by firing them now.

The U.S. Federal Trade Commission (FTC) said it approved the Microsfot-Skype deal.

Recently Comcast and Skype announced a partnership that will let Comcast customers make and accept widescreen, HD video calls through their television sets.

Today, Skype announced a deeper integration with Facebook. i-e In the new version of the Skype, Skype for Windows users can instant message their Facebook friends via Skype, "like" and comment on friends’ Facebook status updates without logging into Facebook and view all their Facebook contacts in a new Facebook-dedicated contacts tab.

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