VeriSign is to shed its communication services operation in order to focus on its core businesses of running the .com and .net registries and securing online transactions. The firm also plans to expand its reach into identity protection. The plan, announced Wednesday, which could cut the internet infrastructure giant's workforce …
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Posted Thursday 15th November 2007 10:18 GMT
One reason for high renumeration of the C*O is that the larger the company, the more they need to pay to attract the right applicants.
So now that they are slimming down, are they downgrading the C*O package so that they aren't overspending the shareholders money on executives?
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