Skype Execs Purged On Eve of MS Takeover

jfruhlinger writes "You might think that the executive team that engineered a lucrative buyout for their company would be rewarded. But eight execs from Skype instead found themselves fired just before their company was formally taken over by Microsoft. It appears that this move isn't meddling from Redmond; rather, the private equity firm that owns a 70 percent stake in Skype wanted to cut back on the payout to company execs that would normally accompany this kind of transaction."

Comments

Shed no tears for them.

[140Mandak262Jamuna]

These guys are big fish, swimming with the sharks. For example Gurle joined in Jan 2010. Just 18 months with the company. All the fired ones seem to be the MBA types who move in just to dress the company up for sale or IPO. Not the founders and early grunts who toil in garages and warehouses during the very early days living on pizza, sleeping in the office, desperately churning out code on a shoe string budget, not knowing if they can make pay roll next month.

These suits ate little fish in their time. They got eaten by bigger fish. They will again start eating little fish once again. Just stay out of their jaws, if you can.