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Yahoo to cut 15 percent jobs, close several units

reuters.com

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Re: Yahoo to cut 15 percent jobs, close several units

#42
post #11
post #9

Earlier quoted context omitted.

> no one has any work for them that actually helps the business. What is their business now? Having no work is a leadership problem. If there really is no work then layoffs are a must, but the company is floundering around with no real direction....

This, IMHO, is the crucial point: what exactly is Yahoo's business? As an outside watcher I have no clue (I am also stupid). Hopefully people working there have better insight than myself.

They don't have a business, at least not one that can support the number of employees they have. Their business is actually worth negative dollars. The only thing that was keeping their value high was their Alibaba investment.

Re: Yahoo to cut 15 percent jobs, close several units

#43
post #40
post #11

Earlier quoted context omitted.

This, IMHO, is the crucial point: what exactly is Yahoo's business? As an outside watcher I have no clue (I am also stupid). Hopefully people working there have better insight than myself.

Sports. Depending on who you ask, they're the first[1] or second[2] most popular sports website in the world. [1] http://www.ebizmba.com/articles/sports-websites [2] http://www.alexa.com/topsites/category/Top/Sports

finance.yahoo.com is pretty decent, too. Based on ghostery blinken, they're not as pathological in their tracking as some other major sites.

Re: Yahoo to cut 15 percent jobs, close several units

#44
post #11
post #9

Earlier quoted context omitted.

> no one has any work for them that actually helps the business. What is their business now? Having no work is a leadership problem. If there really is no work then layoffs are a must, but the company is floundering around with no real direction....

This, IMHO, is the crucial point: what exactly is Yahoo's business? As an outside watcher I have no clue (I am also stupid). Hopefully people working there have better insight than myself.

Yahoo sports is good. Their fantasy sports are huge. Their finance is also probably the most visited.

Re: Yahoo to cut 15 percent jobs, close several units

#46
post #6

So I guess she did mean something when she said, "No layoffs...this week" [1] Brutal. [1] http://nypost.com/2016/01/18/marissa-mayers-job-safety-joke-...

Unbelievable.

It sucks to be laid off, but they're better off in the long run to get away from a company with leadership like that.

Re: Yahoo to cut 15 percent jobs, close several units

#47
post #11
post #9

Earlier quoted context omitted.

> no one has any work for them that actually helps the business. What is their business now? Having no work is a leadership problem. If there really is no work then layoffs are a must, but the company is floundering around with no real direction....

This, IMHO, is the crucial point: what exactly is Yahoo's business? As an outside watcher I have no clue (I am also stupid). Hopefully people working there have better insight than myself.

In case anyone wanted a real answer, it's just advertising, as it has always been:

http://static.tumblr.com/7drgjla/386nnw4n9/yahoo_inc._2014_a...

"We generate revenue principally from search and display advertising on Yahoo Properties and Affiliate sites, with the majority of our revenue coming from advertising on Yahoo Properties. Our margins on revenue from advertising on Yahoo Properties are higher than our margins on revenue from advertising on Affiliate sites as we pay TAC to our Affiliates. Additionally, we generate revenue from other sources including listings-based services, facilitating commercial transactions, royalties, and consumer and business fee-based services."

Re: Yahoo to cut 15 percent jobs, close several units

#49
post #11

Earlier quoted context omitted.

This, IMHO, is the crucial point: what exactly is Yahoo's business? As an outside watcher I have no clue (I am also stupid). Hopefully people working there have better insight than myself.

In case anyone wanted a real answer, it's just advertising, as it has always been: http://static.tumblr.com/7drgjla/386nnw4n9/yahoo_inc._2014_a... "We generate revenue principally from search and display advertising on Yahoo Properties and Affiliate sites, with the majority of our revenue coming from advertising on Yahoo Properties. Our margins on revenue from advertising on Yahoo Properties are higher than our margi…

The REAL answer is "a tax efficient proxy for holding Alibaba shares".
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