Ousted Yahoo Exec Dries Tears With $58 Million Severance
We mock tech people a lot here at Happy Wonk Lifestyle Village, but while we're mocking them for employing a staff of tech dudebros, tech people at the top of the pyramid are becoming offensive levels of rich, like Yahoo's former COO, who had $58 million to dry his tears when they canned him.
Henrique de Castro's 15 months as Yahoo's chief operating officer may have ended on a sour note, but it was sweetened by a severance package worth nearly $58 million.
[I]n a letter to employees following de Castro's Jan. 16 ouster, [Yahoo CEO Marissa] Mayer said she "made the difficult decision" that he should leave.
Must be nice to be rewarded for being such a utter screw-up.
Before we get the pitchforks, let's consider all the jobs he'll create with the 58 megabucks.
Granted, the jobs'll be in Tuscany and the Cayman Islands, but still...!
Okay, thought about it. Now let&#039;s go to Bed Bath &amp; Beyond for some nice down pillows, then over to the industrial rental place for one of <a href="http:\/\/www.alantrauger.com\/Portals\/4\/Newsletters\/December2008\/Images\/Hot tar kettle.jpg" target="_blank">these</a>.