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Yahoo Boosts Severences For All Full Time Workers

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As first reported by Kara at AllThingsD, Yahoo (NSDQ: YHOO) has filed to update its severance agreements for all full time employees, in the event that the company is acquired. The filing claims that the changes are designed to help it retain key employees and maintain a stable work environment, during a period that otherwise appears to be rather chaotic. What the filing doesn’t come out and say: the new severance agreements will make things more expensive for a would-be acquirer, like, say, Microsoft (NSDQ: MSFT). The new terms apply to any employee laid off without cause within two years of a change in control. Key details:

— Continuation of the employee