Microsoft has said that much of the jobs of Microsoft, Yahoo Employees

Microsoft said it has provided incentives to retain their employees and employees in the event of Yahoo passes for the taking.

Microsoft and Yahoo have been rivals in the search on the Internet for years. Although Microsoft has grown and maintained its profitability, Yahoo has seen a drop in stock prices and a loss of market share.

DailyTech reported in February 2008 that Microsoft made an unsolicited bid of $ 44.6 million for the purchase of Yahoo. The $ 44.6 million placed to offer a bonus of 62% on stocks Yahoo topple the $ 31 per share.

Yahoo Microsoft board of directors rejected the offer saying it undervalued the company. After Yahoo rejected the offer, Microsoft moved forward with plans for a hostile takeover of Yahoo. Taking made some employees within both Microsoft and Yahoo feared for their jobs since an overlap of positions that would be the case if the merger happens.

Reuters reports that Microsoft president of the platforms and services division, Kevin Johnson, sent an e-mail message to employees from its reliance on Microsoft engaged saying that “significant rewards and compensation” to keep the two employees of Microsoft and Yahoo. According to Johnson, “Although it is hoped some overlap in any combination of this size, we must remember that … Microsoft has hired more than 20000 people since 2005, and that would rise to the talented employees of the company as a whole. No. We have a shortage of technical and business opportunities, and we have great people to focus on them. “

Yahoo issued a statement earlier this week that put generous severance anywhere on workers who might lose their jobs if the company was sold. The possibility of Yahoo is selling should increase considerably for Yahoo to admit that this cessation were already in place.

Reuters also reports that two pension funds have sued Yahoo and its independent board of directors to reject the offer from Microsoft. According to the complaint, Yahoo is pursuing other possible deals that are not as beneficial to the shareholders as Microsoft offered.