Microsoft hiring at least 400 Yahoo! workers

Yahoo! filed new details about the agreement (that Microsoft and Yahoo! acknowledged last week) with the Securities and Exchange Commission -- including the fact that the partnership requires Microsoft to hire "not less than 400" employees from Yahoo. The provision would kick in after the companies finalize the deal, which still hinges on regulatory approval in the U.S. […]

Yahoo! filed new details about the agreement (that Microsoft and Yahoo! acknowledged last week) with the Securities and Exchange Commission -- including the fact that the partnership requires Microsoft to hire "not less than 400" employees from Yahoo. The provision would kick in after the companies finalize the deal, which still hinges on regulatory approval in the U.S. and overseas. Microsoft has hired several former Yahoo executives in recent months, including Qi Lu, now the president of Microsoft's Online Services Business. The Redmond company has significant operations in Silicon Valley, so it's possible that many of the workers could remain in California even after shifting between the companies, revealed.

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Deepak Gupta is a IT & Web Consultant. He is the founder and CEO of diTii.com & DIT Technologies, where he's engaged in providing Technology Consultancy, Design and Development of Desktop, Web and Mobile applications using various tools and softwares. Sign-up for the Email for daily updates. Google+ Profile.