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Microsoft targets engineers at Yahoo

 
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Microsoft targets engineers at Yahoo
 PostPosted: Fri Jun 20, 2008 9:37 am Reply with quote  
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  Aakarshan

Joined: 19 Jun 2008
Posts: 19

Microsoft Chief Executive Steve Ballmer may have given up on the idea of acquiring all of Yahoo, but he still wants Yahoo's technical talent and is fighting hard to get it.

Microsoft kicked off its recruitment campaign this week with a full-page ad in the Mercury News advertising search jobs in Silicon Valley, as turmoil in Yahoo intensified with a stream of new reports about departing executives.

"There is just great search talent here," said Doug Free, a Microsoft spokesman, who noted that the company has been expanding in the valley for years.

Free said Microsoft currently controls about 1 million square feet of office space in the Bay Area - or about one-third of what Google controls in Mountain View. He said Microsoft plans to keep adding both square feet and employees. Nearly 2,000 people work for Microsoft in Silicon Valley.

Acquiring Yahoo would have given Microsoft about 5,000 engineers and about 2 million square feet in additional Bay Area real estate.

Microsoft withdrew its offer for Yahoo on May 3, after raising its bid to around $47.5 billion. Yahoo said the bid undervalued its business and subsequently rejected a follow-up proposal by Microsoft to buy Yahoo's search business. Instead, Yahoo announced last week it would outsource some search advertising to Google.

Recruiting experts said Yahoo's decision sent the wrong message to its search engineers and created an opportunity for Microsoft.
 PostPosted: Mon Jun 23, 2008 8:00 pm Reply with quote  
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  siteadmin
Site Admin

Joined: 18 Dec 2005
Posts: 304

Yahoo has been struggling with its employee retention. I found this article http://www.bbspot.com/News/2008/06/yang-names-last-employee-president.html very interesting and extremely humourous . Author has a great sense of humour
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