Jerry Yang Email To All Yahoos: 10% Of You Are Fired
techcrunch.com
techcrunch.com
I can't help but feel that Yahoo! signed its own death certificate when they so loudly fought off Microsoft's handsome buyout offer. Would Yahoo have taken this offer, at least Yahoo would have the potential to still exist and be recognized. It would've been interesting to see how it played out. In a round about way, we can even look at Yahoo as a modern Netscape... they stood up to Microsoft and bit the bullet in the end.
AOL is probably most remembered for their annoying "Free Dial-Up Internet Trial" CDs in the mail that were more cumbersome than spam, what is Yahoo going to be remembered for?
As for YHOO, probably that awful color purple they put everywhere. Or their broadcast.com acquisition.
If you look at stock stats, 'The Market' expects more good to come out of Yahoo then it does of MS.
That's my understanding anyway. I always feel daft with these things.
EDIT: I'm wrong. I used yahoo (sorry, Yahoo!) as a domain provider until they jacked up the price to 34.95/year. WTF? Couldn't believe it. So I got to spend two hours transfering them... I guess I'll always remember Yahoo! for that.
When you're announcing layoffs it looks like you just did it on a whim, or with a lack of forethought.
I know this is not true at all, and probably very harsh - I'm sure that is not the intent at all... but these things show sensitivity.
"meihem in ce klasrum": http://www.english-zone.com/index.php?page=1114&pid=81
Still, seems like bad timing for Jerry to demonstrate his highly-regarded design philosophies. YHOO ain't AAPL or GOOG.
Why can't the top management at Yahoo decide what to do and do it? I mean after all these years at Yahoo don't they know who to fire and who to keep? All the data Bain and Co could get or process in the few weeks they work for, Yahoo management has too.
I would have thought that (making decisions and executing) was what the managers were being paid the big bucks for.
(I've never really understood the value of these consulting firms so if anyone can help with that I'd appreciate it).
PS: A classic example is Monday Night Football which we promoted as a good option help the NFL prosper. But, you can also point out a lot of dumb things they do because that's the way they have always done things etc.
So they brought in outside help to figure out that they needed a 10% layoff?
A grab bag of three cards would've been a whole lot cheaper;
1) Keep all yahoos at 20% reduced salary. 2) Cut 50% of middle management (whatever that means). 3) Announce 10-20% yahoo layoff.
Jerry Yang isn't in the business of doing whatever pleases you and as evidenced by the content of the letter, there are bigger things to worry about.
And with conventional interview process they cannot hire them.
An interviewer may not appreciate these 'disruptive' engineers.
The content seemed sincere. However if I was in yahoo I would be tempted to spend my life hunting and killing people who don't capitalise sentences. It would scar me for life.
1 point is a line, 2 points is a trend ....
Well time will tell how much he gets blamed for yahoo's (possible) downfall. I will be very very annoyed if Yahoo can't remain Yahoo, and saddened.
A lot of the problem here is Google. Google draws away much of the online ad revenue that would have been Yahoo's. It also draws away most of the good hackers, so Yahoo continues to fall behind.
If Airbus were an outlier on the scale that Google is, Boeing would look terrible.
I wouldn't expect him to be dumb like that, but a bumbling manager watching your "baby" suffer was more what I was thinking. I am sure there are furious shareholders right now.
That Yahoo can't monetize the search impressions they do get as well as Google (and thus would benefit from Google monetization deal) is purely a technical execution failure for Yahoo engineering and executives. To this day you can't take an export from Google AdWords account and import it in Yahoo. They say you can, but their SEM system is not powerful enough to support anything nontrivial.
How ironic, considering you are criticizing his English... You meant "However if I were in Yahoo" ;-)
Also, I would think a comment on a thread versus a company wide email is a rather different kettle of fish. In a different universe.
Actually I will level with you. I wouldn't know good grammar if it hit me in the head (can it do that??).
But for the love of everything good, I wish he would capitalise his sentences.