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Yahoo employees: Get out now before the vultures descend

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Re: Yahoo employees: Get out now before the vultures descend

#41
post #28

If Yahoo! is acquired by AOL, then I think there might be some bright future for Yahoo! and for AOL. For example, they could focus on Yahoo! Finance to be the place for investment, stocks info on internet. In order words, it is too early to predict whether Yahoo! will be sold to PE firms. EDIT: Stupid comment: AOL is way smaller than Yahoo!

If Yahoo! is acquired by AOL

Yahoo's market cap: $18.91B

AOL's market cap: $1.5B

Re: Yahoo employees: Get out now before the vultures descend

#42

This article is based on a false premise. The effect of LBOs on job creation is ambiguous: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1034178 Silver Lake, in particular, is more of a growth equity firm that happens to use debt. (I work at, but by no means speak for, Yahoo.

What happened to DDD?

Re: Yahoo employees: Get out now before the vultures descend

#43
post #25

Earlier quoted context omitted.

Are you interviewing anywhere else? You could probably use the off as leverage. Yahoo's engineering core is still well respected in the industry. Everybody just knows that none of the people in charge have a clue as to what to do with all of that talent.

I am planning to interview with several other companies. But by then I will need to decide whether I want to stick with Yahoo or not. I've heard great things about working at Yahoo (and the downsides) and the offer is fantastic, but my gut instinct is telling me to reconsider..

I interviewed with them 2 years ago, and got an offer, and my gut instinct told me the same thing back then.

I liked the people I interviewed with, thou'. That seemed like a fun team.

Oh, well, life goes on.

Re: Yahoo employees: Get out now before the vultures descend

#44
post #28

If Yahoo! is acquired by AOL, then I think there might be some bright future for Yahoo! and for AOL. For example, they could focus on Yahoo! Finance to be the place for investment, stocks info on internet. In order words, it is too early to predict whether Yahoo! will be sold to PE firms. EDIT: Stupid comment: AOL is way smaller than Yahoo!

If Yahoo! is acquired by AOL Yahoo's market cap: $18.91B AOL's market cap: $1.5B

Stupid me. I was honestly thinking that AOL's market cap is about 20B. Wow...

Re: Yahoo employees: Get out now before the vultures descend

#45

I was given a very good job offer from Yahoo around the same time Carol Bartz was fired. I have yet to sign anything yet because of what I've been reading about Yahoo's condition. I get the feeling that most of the news about Yahoo's demise are just being sensational, yet at the same time I can't ignore the fact that Yahoo employees have been leaving the company every other week (according to my friends who have work…

I don't know what your current gig is like, so it's hard to advise. But there's nothing wrong with taking this job with an eye toward moving on, as long as you work honestly at it while you're there.

My wife was in a similar spot when the company she was working for started to decline and experienced people started to move on. She stuck around and took a new position within the company in a different field she wanted to crack into. She was still very early career and saw an opportunity to get some good experience.

The company did tank, but she got at least a year and a half of experience, and later she got interviews/offers afterwards and built a network that is still active a decade later. She never would have been hired directly into one of those jobs in a new company, but she did get a chance at it in an existing company that wanted to keep her. She wasn't surprised that more senior people were leaving, because they had the background and network to generate comparable offers elsewhere, something she wouldn't have been able to do at that point in her career.

So much depends on your current situation, what kind of risks you're willing to take, what experience you think you'll get...

Re: Yahoo employees: Get out now before the vultures descend

#46
Honestly, I find this article ridiculous and borderline offensive. I would love if the author would come talk to a few of us and maybe take a tour of the place and see what makes this place work.

I work at Yahoo, joined a few months ago, run engineering management for a couple of teams working on high-performance cloud stuff very core to the way Yahoo works. I find the engineers sharp and smart, the technology problems fascinating (insane scale/perf requirements) and in general, look forward to getting up and driving to Sunnyvale every morning.

None of that is going to change unless something really dramatic happens.

P.S We're hiring. :) If any of you want to work on a platform serving a ridiculous (and I do mean ridiculous) number of requests and users, hacking on cutting-edge distributed programming work, send me email (address on my profile).

Re: Yahoo employees: Get out now before the vultures descend

#47

If vultures are descending, I would think it would be better to wait. The bidding war will temporarily bump up your stock price & options, giving you a better time to sell them. Then the vultures will offer buy-outs to encourage employees to leave. I doubt the vultures will be overly generous in their buy-outs but it can still amount to a substantial amount of cash if you've been there a while.

Why buy-outs? If I were looking for cutting costs, I would just lay them off.

I'm not the parent you responded to, but I'm assuming when they said buy-outs, they were including severance for layoffs.

In North America 1 month is pretty common if you've been with a company for more than a year with 2 months not being uncommon.

I've heard of people being given 1 month of notice of a layoff and then being asked to work that month only once:)

Re: Yahoo employees: Get out now before the vultures descend

#48
post #46

Honestly, I find this article ridiculous and borderline offensive. I would love if the author would come talk to a few of us and maybe take a tour of the place and see what makes this place work. I work at Yahoo, joined a few months ago, run engineering management for a couple of teams working on high-performance cloud stuff very core to the way Yahoo works. I find the engineers sharp and smart, the technology proble…

Do you guys use erlang anywhere in that stack?

Re: Yahoo employees: Get out now before the vultures descend

#49
post #48
post #46

Honestly, I find this article ridiculous and borderline offensive. I would love if the author would come talk to a few of us and maybe take a tour of the place and see what makes this place work. I work at Yahoo, joined a few months ago, run engineering management for a couple of teams working on high-performance cloud stuff very core to the way Yahoo works. I find the engineers sharp and smart, the technology proble…

Do you guys use erlang anywhere in that stack?

Nope. But we have our own constructs for a lot of the semantics Erlang provides written from the ground up in C/C++. Sorry, can't talk about it more except in broad strokes :)

Re: Yahoo employees: Get out now before the vultures descend

#50

I was given a very good job offer from Yahoo around the same time Carol Bartz was fired. I have yet to sign anything yet because of what I've been reading about Yahoo's condition. I get the feeling that most of the news about Yahoo's demise are just being sensational, yet at the same time I can't ignore the fact that Yahoo employees have been leaving the company every other week (according to my friends who have work…

I just joined Yahoo a few months ago. Would love to chat with you and give you a perspective (see my other comment on this post)
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