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Yahoo to cut 15 percent jobs, close several units

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

#51

Yahoo is #5 web site: http://www.alexa.com/topsites Yahoo netted $7B : http://finance.yahoo.com/q/is?s=YHOO+Income+Statement&annual Big, mature companies have to go through layoffs now and then; get rid of the dead wood. What's the problem?

My thoughts are similar - they dont have one united vision about who they are, but they do have several successful internet properties - finance, sport, tumblr, flickr and more. It seems clear now that marissa is not capable to completely transform the company, but by doing incremental optimalization they can do just fine over time.

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

#53
post #16
post #12

Doesn't Yahoo go on hiring sprees all the time?

Almost every major tech company is always hiring. But the process of ACTUALLY HIRING is a different story. Some company does it quick, even if there's a layoff. Some company takes forever to complete interview and paper work even if there is no layoff. And then there are companies doing layoff and new hiring goes through strict budget reviews. It depends. Furthermore, you can close a whole useless business project an…

I chatted with a Yahoo engineer at a college career fair a few years back and passed him my resume. A few weeks later, I got an email saying they were interested in interviewing me. I sent them my availability. A full year later, they emailed me on that same email chain asking for my phone/skype information to conduct an interview. Needless to say, I told them thanks but no thanks.

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

#56

The problem is when yahoo does parties that cost some millions when they announce the layoffs... I'm wondering if yahoo has any earnings since her majesty became ceo.

> I'm wondering if yahoo has any earnings since her majesty became ceo.

Why wonder when you can find out for yourself?

https://investor.yahoo.net/results.cfm

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

#59
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-...

Nice. Anyone staying at Yahoo despite a continuous, management-driven, downward spiral was already laying themselves off. Just a matter of time. That was before she even entered the picture. I respected her attempt to rescue one of the greats of the Old Web but it was beyond salvage. Now, it will be streamlined, gutted, and sold most likely. As financial management wanted all along...

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

#60
post #40

Earlier quoted context omitted.

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.

Everyone uses Yahoo finance and watches yahoo stock go down, what irony.
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