Summary: Benefits or luxuries no more as Microsoft shelves an advertising arm

Microsoft had not only shed off 2,000 (or more) employees a couple of months ago. It also took away their benefits.

Employees at Razorfish -- the digital media agency that Microsoft is selling off to Publicis Groupe for $530 million -- will lose 75 percent of their unvested stock options once the deal goes through. AdAge reports that employees of the Seattle-based agency -- which was consumed by Microsoft as part of the $6 billion aQuantive deal -- will get 25 percent of their options and they must stay with the newly-merged company until next June in order to collect.

At the request of one reader, we have created this page which summarises developments and news about Microsoft layoffs. ⬆

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