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Yahoo planning 10% layoffs as early as this month, report says

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Re: Yahoo planning 10% layoffs as early as this month, report says

#121
post #81

Earlier quoted context omitted.

Can totally understand where you're coming from, but finding and recognizing your agency amidst all the mess and noise is kinda the beautiful thing about life. The journey sucks a lot, but at the end of the day that's all we got, not the different destinations we traverse to and from.

Some roads are plated in gold, but others are broken and run down. It's easy to have your sentiment when your road is the former and not the latter.

It's totally survivor bias for sure, but falling into (and surviving) years of depression and coming from third world conditions to the US help shape and contextualize a lot of meaning. It's easy because the path now is plated gold, and for sure, some people their entire path is broken. :/

But when it's broken you think about just walking and not smelling any of the shit... Just left foot, right foot, left foot, right foot...

Re: Yahoo planning 10% layoffs as early as this month, report says

#122

Earlier quoted context omitted.

I wonder the same thing. Why do CEOs get paid too much?

Let me ask you a question. When you don't know how to proceed in your job what do you do?

Google / Stack overflow and proceed from there.

Re: Yahoo planning 10% layoffs as early as this month, report says

#123
post #102
post #92

Earlier quoted context omitted.

She's making more than Tim Cook? No way

My thoughts exactly. IIRC Tim makes around 10 mil per year.

10 mil + ~45 mil in stock grants. Still a pretty good bargain, all things considered.

Re: Yahoo planning 10% layoffs as early as this month, report says

#124
post #92
post #33

Earlier quoted context omitted.

If no one could have gotten better results, I can think of many capable people who could have gotten similar results for a lot cheap. Yahoo! is almost paying MM $400 million and the $110 million exec who stayed about 11 months she fired. For all the Meritocracy talk about general foot soldiers, the SV execs seem to get a lot of "Participation Trophies".

She's making more than Tim Cook? No way

Don't worry, the privilege of working at Apple makes up for the difference.

Re: Yahoo planning 10% layoffs as early as this month, report says

#125

Earlier quoted context omitted.

But would the have take such a high risk job? its noticeable that risky senior jobs have more Women and BME in post - as under represented groups they feel that they have to take more risks to break thorough the glass ceiling.

How is being the CEO of Yahoo and getting paid 100m+ 'high risk?' Her presence is now well known. She can work anywhere, and doesn't ever need to work again.

I don't know if you are trolling, but it is high risk because yahoo is a company that is incredibly difficult to turn around. Meanwhile, Apple is already very successful, so you "just" need to keep it moving.

It is not high risk in the sense that you might go broke working as the ceo.

Re: Yahoo planning 10% layoffs as early as this month, report says

#126
post #75

Earlier quoted context omitted.

Mayer will be walking away with a $158M golden parachute[0], and will undoubtedly have another nice executive position lined up in no time. It's amazing how much respect she's garnered in the tech community. From all the public info on her, she doesn't seem to have much product vision - rather, she's just a manager who's good at making data-driven decisions (the infamous "41 shades of blue"[1]) to incrementally optim…

She was also a girlfriend of Larry Page [0] before Lucy Southworth- that was her ticket to the top. 0: Personal sources

She was also an outstanding student at Stanford and one of the first employees at google, which might have also helped. And this isn't hearsay but a well established fact.

Re: Yahoo planning 10% layoffs as early as this month, report says

#128
post #75

Earlier quoted context omitted.

She was also a girlfriend of Larry Page [0] before Lucy Southworth- that was her ticket to the top. 0: Personal sources

She was also an outstanding student at Stanford and one of the first employees at google, which might have also helped. And this isn't hearsay but a well established fact.

She's clearly unusually talented as a developer, a researcher, and a teacher.

Unfortunately those aren't the skills needed to be a good CEO. It takes a certain kind of political and strategic insight, and she doesn't seem to have an unusual amount of that.

To be fair not many people, including many other CEOs, do. But it's easier to hide that when you're running a sort-of ok corp.

It's hard to hide it when you're in charge of a patchwork of milliproducts, some of which are strong on their own, but which together are worth less than the sum of their parts - and you need a plan, and can't think of good one.

Re: Yahoo planning 10% layoffs as early as this month, report says

#129

Earlier quoted context omitted.

How is being the CEO of Yahoo and getting paid 100m+ 'high risk?' Her presence is now well known. She can work anywhere, and doesn't ever need to work again.

I don't know if you are trolling, but it is high risk because yahoo is a company that is incredibly difficult to turn around. Meanwhile, Apple is already very successful, so you "just" need to keep it moving. It is not high risk in the sense that you might go broke working as the ceo.

On the contrary he had huge shoes to fill, expectations to match and momentum to carry. Success is not an accident. You can always lose momentum, you can always make the wrong decisions, you can always fail, especially in a company as keenly watched as Apple, holding on to leadership in categories it created, with the pressure of innovation in a hyper competitive industry. Look at Nokia.

Re: Yahoo planning 10% layoffs as early as this month, report says

#130

Earlier quoted context omitted.

Except when a startup founder fails at their job the company is usually shut down or the acquihire leaves them with a small payout. When a startup makes it big, many of the rank and file have large payouts as well. American CEOs get paid obscenely cartoonishly evil amounts of money for running companies into the ground. Even when the company does really well and they get massive stock grants, the rank and file get no…

> the rank and file get nothing. They get less than nothing, they get fired.

Sometimes they even lose what they had earned - pensions for example.
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