Article primarily references information from the WSJ article, but WSJ now has a super-paywall and the "web" trick no longer works.
I noticed this a few days ago, the came from google trick no longer works. Anyone have a workaround for this?
Yahoo to cut 15 percent jobs, close several units
101–110 of 315 posts
Re: Yahoo to cut 15 percent jobs, close several units
#102Earlier 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…
Re: Yahoo to cut 15 percent jobs, close several units
#103They're going to kill Yahoo because some rich assholes don't want to pay their taxes.
No, they're going to kill Yahoo because it deserves to die; a company not making money doesn't really have a reason for existence, does it? (Or it should become a charity instead.)
Re: Yahoo to cut 15 percent jobs, close several units
#104They're going to kill Yahoo because some rich assholes don't want to pay their taxes.
No, they're going to kill Yahoo because it deserves to die; a company not making money doesn't really have a reason for existence, does it? (Or it should become a charity instead.)
Re: Yahoo to cut 15 percent jobs, close several units
#105Re: Yahoo to cut 15 percent jobs, close several units
#106I feel bad for the 15%, but this was necessary. They are severely over-hired. I've gone over there a few times to talk to folks and it's clear that they have a lot of people that are basically making work for themselves because no one has any work for them that actually helps the business.
Re: Yahoo to cut 15 percent jobs, close several units
#107who is even using yahoo and why?
Re: Yahoo to cut 15 percent jobs, close several units
#108Re: Yahoo to cut 15 percent jobs, close several units
#109Re: Yahoo to cut 15 percent jobs, close several units
#110Earlier quoted context omitted.
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...
I know it is popular to hate on the finance industry and management and all, but...honest question here...was there really a better solution? Not trying to discount the human element as it absolutely sucks that many people will lose their jobs. But reallocating that capital that was tied up in Yahoo and clearly not doing any good there seems like an overall smart move if it couldn't be saved. What would a better alte…
My philosophy is more stakeholders than shareholders. Hers apparently was, too. It says at least make an attempt to innovate your way out of a bad situation to get a win for everyone. She tried that with an impressive effort. Ship long sailed, though, so she failed as I expected. Now, with efforts attempted, it's morally right in my model to abandon Yahoo and re-invest that capital. Workers and customers should definitely jump ship, too, if they can.
While we're at it, consider Amazon. Every piece I read for years was how they should do the same do to no or low profit. Yet, they pushed forward with growth and one innovation after another. One set of those became Amazon Web Services. A mini-revolutiom in IT followed. Would you rather they had just listen to finance people and quit long before that? What would cloud market look like?