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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsYahoo’s Brain Drain Shows a Loss of Faith Inside the Company
SAN FRANCISCO Marissa Mayer, the glamorous, geeky Google executive hired to turn around Yahoo in 2012, used to inspire hope in Yahoos work force just by visiting the cafeteria for ice cream and mingling.
Now, morale has sunk so low that some employees refer to Ms. Mayer, Yahoos chief executive, as Evita an allusion to Eva Peron, the former first lady of Argentina whose outsize ego and climb to power and wealth were chronicled in the musical of that name.
Ms. Mayer is about to make herself even less popular with Yahoos nearly 11,000 employees. Faced with the failure of her efforts to reignite growth at the 22-year-old Silicon Valley company, she is now turning to the opposite strategy: cutting. As some investors press Yahoo to fire her, Ms. Mayer is crafting a last-ditch plan to streamline the company including significant layoffs that is expected to be announced before months end.
While many Yahoo workers are keeping their heads down, just doing their jobs, others have lost faith in Ms. Mayers leadership, according to conversations with more than 15 current and former employees from all levels of the company, most of whom spoke on the condition of anonymity because of continuing ties to Yahoo and its strict policy against leaks.
http://www.nytimes.com/2016/01/11/technology/yahoos-brain-drain-shows-a-loss-of-faith-inside-the-company.html?hpw&rref=technology&action=click&pgtype=Homepage&module=well-region®ion=bottom-well&WT.nav=bottom-well&_r=0
This is what you get when you hired a fundie nutjob to run a company.
philosslayer
(3,076 posts)Or a fundie. Do you have any sourcing on that?
joeybee12
(56,177 posts)pault420
(26 posts)joeybee12
(56,177 posts)But she really has tried to screw over her employees during her tenure.
pault420
(26 posts)Typical Wall St. Ceo... she'll eventually skate away with a millions, and everyone else's career will be up in the air following her orders.
joeybee12
(56,177 posts)They should hire me...I could ruin their business and only ask for half of what she'll be getting!
Javaman
(62,534 posts)Jim Beard
(2,535 posts)almost stopped all together but I did but liked the comics. She cut those out too. I am staying with Firefox even though their search engine is Yahoo. I would change preference but I like the feature that when my browser is accidently disconnected, it will reopn to the same addresses. So I tolerate it.
joeybee12
(56,177 posts)Throwing in ads between the articles...infuriating!
Jim Beard
(2,535 posts)Now there is a very tiny logo stating it is. And some as you say totally omit any warning it is an ad.
joeybee12
(56,177 posts)says what it's going to be about, it isn't.
madinmaryland
(64,933 posts)I guess I should just google "yahoo"
Jim Beard
(2,535 posts)she went back to work a few days after having her baby.
so much for Family Medical Leave
She did it on purpose.
Marissa Mayers Two-Week Maternity Leave Is Bullsh*t
Yahoos CEO is pregnant with twins, and just like she did in 2012, she plans to take a working two-week-long maternity leave.
Marissa Mayer became the CEO of Yahoo in 2012 when she was 28 weeks pregnant. After giving birth to a baby boy in October of that year, she took two weeks of maternity leave, prompting criticism from women who worried that her decision would reflect badly on working moms who took more time away from the office.
I like to stay in the rhythm of things, Mayer had said to Fortune when first announcing her pregnancy. My maternity leave will be a few weeks long and Ill work throughout it.
But in a blog post written after childbirth for the Lean In movementwhich encourages professional women to pursue their ambitionsMayer explained her decision as the byproduct of extreme circumstances surrounding her career shift:
After 13 years of really hard work at Google, I had been envisioning a glorious six-month maternity leave. However, if I took the new job, a long leave couldnt happen. The responsibilities were too big, and time was of the essenceit just wouldnt be fair to the company, the employees, the board, or the shareholders for me to be in the role, but out for an extended period of time.
Two different quotes, two different stories: One in which Mayer portrays herself a busy bee who simply wants to keep working, the other in which she yearns for a luxurious leave but has to sacrifice it for the sake of the job. Which Mayer was telling the truth?
We may have just learned the answer.
In a Tuesday Tumblr post announcing that she and her husband, Zachary Bogue, are expecting identical twin girls to arrive in December, Mayer, once again, announced plans to take a brief maternity leave and, once again, cited concerns with the business to explain her decision:
Since my pregnancy has been healthy and uncomplicated and since this is a unique time in Yahoos transformation, I plan to approach the pregnancy and delivery as I did with my son three years ago, taking limited time away and working throughout.
If Mayer were a mid-level employee who had never made public comments about the struggles facing professional women, her decision to take a truncated maternity leave wouldnt be worthy of comment in and of itself. Working women can approach their policies however they choose, Mayer included.
KamaAina
(78,249 posts)Which, given that she's from Wisconsin, is about as surprising as tomorrow's sunrise.
https://en.wikipedia.org/wiki/Marissa_Mayer#Personal_life