141–150 of 315 posts
They're going to kill Yahoo because some rich assholes don't want to pay their taxes.
Can you elaborate on what you mean by this?
Earlier quoted context omitted.
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.
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-...
It's incredibly sad when something like this happens. And I sure hope anyone who's found themselves out of a job, success in finding another. Even the "lower performers" still need to work. What I do hope for Yahoo, is that they're taking a solid look at who they consider expendable. Are self-important big shots also losing their jobs? Or are they too important to fire? When I see any company start to get rid of thei…
If you do the math you realize that the holiday party cost a few hundred bucks per attending employee.
Compared to other large SV companies - that are not under fire in the press - this was a cheap holiday party.
I guess this proves that banning work-from-home didn't solve their problems. Yahoo was the internet destination back in the 90s and into the 2000s until Google started to eat their lunch in search and email. In my opinion, Yahoo's strength was its diversity; it was a one-stop shop for everything internet. You could register domain names, set up web pages, sell items, conduct email, instant messaging, etc. all within…
I don't know what's the big deal about that. It affected ~200 people max. Yahoo was just tightening the restrictions, bringing them in line with the rest of the Valley companies. And yet people still think that it was a big deal; it wasn't.
(Source: I was there.)
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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…
Depends on one's goal and perspective. Finance people's goal is to squeeze money out of an investment. This is why most companies in Silicon Valley wont stay: they're built up on lies to employees and customers to eventually be sold at greater value and gutted. That was what finance wanted to do to Yahoo for a while. They also put in place one bad leader after another with a similar philosophy that damaged the compan…
I just don't think that was even possible at this stage of the game for Yahoo what with their shareholders calling for blood, their weird relationship with Alibaba such that Yahoo's corporate structure is essentially their product, management issues, lack of vision, etc.
So once something gets to that point, I'm not sure it really is possible to turn it around. So the next best thing is reallocating that capital to things that can move forward in a more productive manner.
But again, I absolutely 100% agree with "stakeholders over shareholders." Just don't think that is realistic with this particular scenario.
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-...
It's incredibly sad when something like this happens. And I sure hope anyone who's found themselves out of a job, success in finding another. Even the "lower performers" still need to work. What I do hope for Yahoo, is that they're taking a solid look at who they consider expendable. Are self-important big shots also losing their jobs? Or are they too important to fire? When I see any company start to get rid of thei…
They'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.)
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-...
It's incredibly sad when something like this happens. And I sure hope anyone who's found themselves out of a job, success in finding another. Even the "lower performers" still need to work. What I do hope for Yahoo, is that they're taking a solid look at who they consider expendable. Are self-important big shots also losing their jobs? Or are they too important to fire? When I see any company start to get rid of thei…
Earlier quoted context omitted.
I'm not sure what definition of "better" would apply but I'm certain there is a non-zero number of people who would prefer to see yahoo slowly die while paying the last of its money out to workers.
Ok, fair enough. But is there any legal framework in which that could possibly happen given shareholders and their legal interests? I'm asking for realistic alternatives. While I appreciate the thoughtfulness of your approach, I wouldn't exactly consider that realistic.
Earlier quoted context omitted.
> Melissa Marissa > I wonder how easy it'll be for her to find a job Marissa's net worth is well into nine figures. I wouldn't worry about her too much. And she can always run for president as a Republican.
Oh dear, you are correct. My thoughts seem to outrun my fingers from time to time. Marissa. Yes, I hear this idea that once someone has made this much money that they are fine just stepping out of the game and living off their earnings. But one doesn't stay a part of the Triple Comma Club™ if they spend like she was spending as CEO. (without some sort of replenishment)
Her net worth is around $300 million. I'm sure she could maintain her spending habits off interest alone.