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Skype Said to Fire Executives, Avoiding Payouts After Microsoft Takeover

Joseph Galante, reporting for Bloomberg:

Skype Technologies SA, the Internet-calling service being bought by Microsoft Corp., is firing senior executives before the deal closes, a move that reduces the value of their payout, according to three people familiar with the matter.

Cue the Nelson Muntz “Ha-ha!”

Monday, 20 June 2011