Skype execs get the boot
A number of high flying executives from the internet calling company have been let go before the Microsoft acquisition is finalised, according to reports.
Skype has let go of a number of leading executives in an attempt to save money before being fully integrated into Microsoft.
Bloomberg has reported the four vice presidents, two executives, the chief marketing officer and head of human resources would require a smaller payout if their employment was terminated before the Microsoft deal went through.
The acquisition announced in May will see Microsoft pay $8.5 billion (5.25 billion) for the company, which has been facing problems of its own thanks to two incidents of Skype going down in the past few weeks.
Although not finalised, the deal has won approval from the US Federal Trade Commission and will now need to pass EU competition guidelines.
Payouts for members of staff let go in the process tend to be based on the cost of the deal. This means sacking them before Skype becomes officially worth $8.5 billion saves cash.
Despite these other high flyers leaving, the chief executive, Tony Bates, is set to stay on and head up the new Skype division within Microsoft - as confirmed by Steve Ballmer after the deal was announced.
Brian O'Shaughnessy, a spokesman from Skype, confirmed to Bloomberg: "As part of a recent internal shift, Skype has made some management changes."
IT Pro contacted Skype for comment and received the following statement in response: "Skype, like any other pragmatic organisation, constantly assesses its team structure to deliver its users the best products. As part of a recent internal shift Skype has made some management changes"
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