It's a test of how dedicated employees are to her vision for the New Yahoo, similar to what Zappos (itself lauded as one of the most innovative workplaces around) does with its new employees with "The Offer". After one month, Zappos offers each new employee a one-time $1,000 buyout offer to quit the company.
She was ordered to vacate her apartment after the company that bought the building that year, Reno Capital, had offered her at least one large buyout — a one-time payment to forfeit the rights to the apartment — which she refused.
Verizon added 665,000 contract subscribers but posted a loss in the quarter because of a one-time charge related to employee buyouts.
Those $9.1bn in one-time items included $3.3bn for buyouts of US factory workers, $2.8bn for its exposure to bankrupt former parts unit Delphi and $1.6bn to write down lease values.
After accounting for one-time costs, including last fall's buyouts, adjusted earnings for 2015 were $49.7 million, down 26% from the comparable figure for 2014.
Bell Atlantic, based in New York, lost the equivalent of 1 cent a diluted share after $1.1 billion in one-time charges to cover an employee buyout program, expenses from its merger last year with the Nynex Corporation and the reduced value of investments in the slumping Asia region.
The current quarter's results included 7 cents a share in costs related to the Pringles deal and a one-time benefit of 2 cents a share tied to the buyout of the snacks maker.
But most who take buyouts quickly run through even substantial one-time payouts.
The buyout plan was announced today as part of an agreement between GM, the United Auto Workers UAWW) and Delphi, GM's one-time parts subsidiary that is now in bankruptcy.
That included a noncash charge of $18.3 million for an asset write-down and one-time costs for changes that will lower costs in the long run, like closing a printing plant and employee buyouts.
