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Lawsuit: Yahoo CEO Marissa Mayer led illegal purge of male workers

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Re: Lawsuit: Yahoo CEO Marissa Mayer led illegal purge of male workers

#21
post #8

With all the hubbub surrounding Mayer/Yahoo, why hasn't the board or shareholders fired her?

Mostly because there are people with opinions that differ from the hn/reddit echo chamber. Nobody denies that yahoo failed, but most people also believe that it's fate was sealed the day it refused to buy google, and that she did about as well as anybody would have. ...but also: she'd get a 60$ million bonus if fired, and considering that yahoo has already lost 90% of its former value and is being sold of, people pro…

Yahoo refused to buy Google? I don't remember that.

In 2000, when Yahoo signed the deal to use Google search results, they also made an investment as well. IIRC, they sold that when Google went public. Obviously, Yahoo made a ton on that.

Re: Lawsuit: Yahoo CEO Marissa Mayer led illegal purge of male workers

#22
post #8

Earlier quoted context omitted.

Mostly because there are people with opinions that differ from the hn/reddit echo chamber. Nobody denies that yahoo failed, but most people also believe that it's fate was sealed the day it refused to buy google, and that she did about as well as anybody would have. ...but also: she'd get a 60$ million bonus if fired, and considering that yahoo has already lost 90% of its former value and is being sold of, people pro…

Yahoo refused to buy Google? I don't remember that. In 2000, when Yahoo signed the deal to use Google search results, they also made an investment as well. IIRC, they sold that when Google went public. Obviously, Yahoo made a ton on that.

Larry and Sergey tried selling their pagerank engine to Yahoo back in 1998, before they formed Google. Yahoo wasn't interested. They founded google as a fallback plan after being turned down.

Re: Lawsuit: Yahoo CEO Marissa Mayer led illegal purge of male workers

#23
It won't be illegal anymore if Hillary gets her platform implemented. The first thing she said during the first debate was she wants the Law to make sure that if you take the average woman's salary, ignoring all factors, it should be the same as the average men's salary. Given that women major in "Gender Studies" and men major in Engineering, the only way to achieve that is have significant numbers of men unemployed.

Re: Lawsuit: Yahoo CEO Marissa Mayer led illegal purge of male workers

#24
post #7

I'm extra-suspicious of this lawsuit because of the opportunistic timing. He was fired in January 2015, more than 1.5 years ago. And yet the lawsuit is only filed now during Verizon's process of closing its acquisition of Yahoo. Whether or not he has a case, his motives now have an antagonistic taint because he no doubt timed this to maximize the PR damage and his chances of getting a quick settlement.

It takes a long time to put together a lawsuit like this for many reasons. What you're seeing now is the result of a lot of work.

Re: Lawsuit: Yahoo CEO Marissa Mayer led illegal purge of male workers

#25
post #10

> “We believe this process allows our team to develop and do their best work. Our performance-review process also allows for high performers to engage in increasingly larger opportunities at our company" Ok so has that worked out well for Yahoo? Clearly it's been enough time by now to do an evaluation of Yahoo practices looking back and say something like: "Yeah thanks to these great management practices we have reco…

> Ok so has that worked out well for Yahoo?

I'm afraid it's a question we will never be able to answer. I wonder about it myself. Disclaimer: i've known the Seymel..Bartz yahoo and I've always thought that there was an enormous execution problem amongst employees (myself included). In addition to this, in my field (engineering), I've always kinda felt the culture was rather mediocre.

Call me pessimistic, I've never believed it's a company that could be turned over, I remember jokingly letting my friends know back in 2005, when i got hired, that I had just signed up for a sinking boat. Yahoo would not die but would simply not be a landmark internet company but somehow get to a secondary rank. Apologies for the digression.

So to get back to the yank and rank strategy that yahoo followed: what's best, a mass layoff or giving people a chance to be in or out? Seems like at yahoo the rank and yank strategy was not implemented state of the art as each team had to get a certain % of employees yanked and ranked. Side effects are very well known, lower performers of high achieving teams get the axe while highest performers of low achieving teams get promotions. People start aiming at the middle to prevent promotion, and more :)

Now I still wonder what's the least unfair way to clearly cut a workforce that needs to be cut.

Re: Lawsuit: Yahoo CEO Marissa Mayer led illegal purge of male workers

#26
post #10

> “We believe this process allows our team to develop and do their best work. Our performance-review process also allows for high performers to engage in increasingly larger opportunities at our company" Ok so has that worked out well for Yahoo? Clearly it's been enough time by now to do an evaluation of Yahoo practices looking back and say something like: "Yeah thanks to these great management practices we have reco…

[deleted]

Re: Lawsuit: Yahoo CEO Marissa Mayer led illegal purge of male workers

#27
post #8

Earlier quoted context omitted.

Mostly because there are people with opinions that differ from the hn/reddit echo chamber. Nobody denies that yahoo failed, but most people also believe that it's fate was sealed the day it refused to buy google, and that she did about as well as anybody would have. ...but also: she'd get a 60$ million bonus if fired, and considering that yahoo has already lost 90% of its former value and is being sold of, people pro…

Yahoo refused to buy Google? I don't remember that. In 2000, when Yahoo signed the deal to use Google search results, they also made an investment as well. IIRC, they sold that when Google went public. Obviously, Yahoo made a ton on that.

https://www.quora.com/Is-it-true-that-Yahoo-turned-down-an-o...

there was also a time a few years later, when yahoo offered 3b for google: https://www.wired.com/2007/02/yahoo-3/

Re: Lawsuit: Yahoo CEO Marissa Mayer led illegal purge of male workers

#28

Anyone who was unkind to Ellen Pao should really be rethinking themselves about now. Edit: Hn thread: why is diversity so important? https://news.ycombinator.com/item?id=12576806 Me: if diversity is not important than this lawsuit is a joke and HN should be laughing at this lawsuit.

Funny you should mention her. I'm 100% sure that it can't be coincidence that the only "really bad CEOs" I keep hearing about on social media are Pao, Meyers and Elizabeth Holmes. But people really don't react kindly to accusations of sexism without proof. I wonder how unlikely it is that the 90% of male CEOs in high tech are all exemplary.

You must be reading different social media then me since there are plenty examples of bad male CEOs. Isn't there a Twitter article on the main page? HP is a special case as they have had a run of awful CEOs (the SAP guy being one of the worst) and most damaging a criminal board. I think the jury is still out on Meyers. Holmes is basically a criminal. Not one has approached SCO or Enron bad. There are plenty of sucky male CEOs out there.

[edit: seems the male Backpack CEO made the front page doing something far worse]

Re: Lawsuit: Yahoo CEO Marissa Mayer led illegal purge of male workers

#29
Wow, so many different news about the same tech company within a month and now this one too. They could not have pulled a better stunt to compete with what Apple and Google is doing in their keynote.

http://gizmodo.com/7-of-yahoos-biggest-fuck-ups-1745729341

http://gizmodo.com/how-yahoo-totally-blew-it-on-security-178...

http://gizmodo.com/heres-what-happened-to-all-of-marissa-may...

http://gizmodo.com/yahoo-secretly-scanned-users-emails-for-t...

http://gizmodo.com/state-sponsored-hackers-stole-personal-in...

http://gizmodo.com/sad-yahoo-sale-confirms-that-marissa-maye...

http://gizmodo.com/the-internet-is-targeting-yahoo-for-foste...

I almost felt sorry for them when I read articles like that it's the saddest deal in history as they could got more much money earlier. Now, I feel good that they are gone. fuff .. gone ..

I need to take care of my Flickr account now.

Re: Lawsuit: Yahoo CEO Marissa Mayer led illegal purge of male workers

#30
post #20

“..less than 20 percent female. Within a year and a half those top managers were more than 80 percent female,” Even if they were not deliberate about it, they must have talked about how this might be perceived by employees. As bad as this issue is, I think hiring friend/referral/former colleague, especially en mass is much bigger issue that's rarely talked about because it's not necessarily illegal. However, I cannot…

I am OK with this. What annoys me is the discrimination against non asians happening in the valley these days. I mean, gee wilikers.
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