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.
companies are for shareholders, not workers
Yahoo to cut 15 percent jobs, close several units
151–160 of 315 posts
Re: Yahoo to cut 15 percent jobs, close several units
#152Earlier quoted context omitted.
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…
> 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.
From the comments on this part of the thread, you'd think Yahoo was some kind of Internet colossus before Mayer took their reins, rather than an overgrown relic kept alive and profitable through sheer inertia.
Re: Yahoo to cut 15 percent jobs, close several units
#153Earlier quoted context omitted.
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…
Seriously, if you've ever worked at a large company in SV, you should know that the "lavish parties" thing was a completely envy-driven red herring. 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.
Re: Yahoo to cut 15 percent jobs, close several units
#154Earlier quoted context omitted.
On the other hand, Yahoo is already dead and has only been kept alive by that Alibaba stake. Taxes or not, it's the only thing keeping the lights on.
Yahoo is profitable.
They could turn the lights off in California and make more money than they do today.
Re: Yahoo to cut 15 percent jobs, close several units
#155Earlier quoted context omitted.
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…
Seriously, if you've ever worked at a large company in SV, you should know that the "lavish parties" thing was a completely envy-driven red herring. 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.
Re: Yahoo to cut 15 percent jobs, close several units
#156In the past 10 years with Google I - use Gmail, Google Drive, Google docs, Google sheets, Search, Google Maps, Chrome, Waze and YouTube on a daily basis. I've also bought Chromecast and occasionally use Hangouts & Wallet. I'm excited about a lot of their Google X projects.
The 15% job cut is because Marissa Mayer failed to suck me and millions of others into the Yahoo ecosystem.
I think part of that is shifting Yahoo from a media company to something more like Google.
Re: Yahoo to cut 15 percent jobs, close several units
#157What about Tumblr ? Is that thing still on? was it worth the bazillion dollars they spent on the aquisition. Also a long time ago, Yahoo made Mark Cuban a billionaire. What happened to the technology they acquired from his company?
Re: Yahoo to cut 15 percent jobs, close several units
#158My only hope wrt Yahoo is that Yahoo Finance gets sold to someone before the company implodes. It's basically the only top notch, useful site they run.
Re: Yahoo to cut 15 percent jobs, close several units
#159My only hope wrt Yahoo is that Yahoo Finance gets sold to someone before the company implodes. It's basically the only top notch, useful site they run.
Why is that? I haven't visited it in years and use Google Finance instead.
Re: Yahoo to cut 15 percent jobs, close several units
#160Earlier quoted context omitted.
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…
Please don't take my comment the wrong way. I actually fully agree with everything you are saying. 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 sur…
Oh that's cool. To be clear, I wasn't taking it as anything: just an opportunity to explain what my reasoning was. Especially here, I figured there would be people on both sides I mentioned. Hence presenting it that way and being clear about my own bias.
"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."
Oh yeah. I totally agree. It appeared to be beyond salvage. It's why I thought the results she got were impressive as I didn't expect it to even go that far. I might be wrong about whether it was a good move to make the attempt. It could've been foolish given how bad the situation was. I'm open to that.
I was just glad she gave a damn enough to try something rather than soak up money and gut it. It's all I see with so many tech and other companies that had a lot of untapped potential. I wasn't sure what was left for Yahoo but they had plenty of tech, smart people, & ad connections. So, I like that an effort was made which actually should've been made years ago by other management.
Meanwhile, the process of getting rid of it begins. And I still have to dig back through Yahoo email in case I missed anything important. Before they delete it...