Former CEO Leo Apotheker is leaving his HP with a very generous severance package that includes a $7.2 million payment and a $2.4 million annual bonus. The company is also paying to move Apotheker back to France or Belgium.
Yahoo may have dealt roughly with CEO Carol Bartz when they fired her over the phone, but Bartz will have the last laugh when she walks away with a cool $10 million in cash and stocks.
Microsoft watcher Ina Fried reports that the company won't be taking back severance "overpayments", even though it confirmed it did ask for them initially. The truth is, despite numbers reported in the thousands, only 25 people were overpaid, somewhere between $4000 and $5000, according to Microsoft HR head Lisa…
What's the best way to create an HR firestorm in three easy steps? If you're Microsoft, layoff 1,400 employees, give them severance on the way out, and then ask for part of it back.