Yahoo Shakes Things Up 73
PreacherTom writes "Growing strife inside Yahoo! has erupted into a sweeping management and organizational shakeup. CEO Terry Semel announced yesterday that the company will be reordered into three groups: one to focus on advertisers and publishers, another to focus on Yahoo!'s base of over 500 million users, and a third on technology and development. While Semel denies layoffs are in the future, there will be replacements in the upper echelon for the world's most popular website. The changes, the most extensive at Yahoo in more than five years, cap months of speculation about how it would respond to slowing sales growth, a slumping stock price, and a steady stream of executive departures in the past year."
Yahoo is in trouble (Score:5, Interesting)
Steve Wiseman
http://www.windows-admin-tools.com [windows-admin-tools.com]
*Cough* Bullh!t *Cough* (Score:2, Interesting)
right, 500 million unique users? I'm surprised they didn't claim to still be the world's most popular search engine, surely they would with those figures.
Re:Yahoo is in trouble (Score:5, Interesting)
Yahoo has spent too much time accumulating services that are not "best of breed" by any means, but are simply reactions to the offerings of others. They don't even really know what kind of company they want to be, or even what business they're in (other than "the web"), and until they figure that out, they're going to continue to flail madly while they spiral down the drain.
Re:TV Listings (Score:3, Interesting)
Re:TV Listings (Score:2, Interesting)
The appeal of working for Yahoo... (Score:2, Interesting)
Re:The appeal of working for Yahoo... (Score:4, Interesting)
Judging the appeal of a company based on the CEO (or even the top management) is like judging the ride of a car by looking at the hood ornament.
Yahoo! is a great place to work. We may not have officially sanctioned "20% time off" policies, but there's a lot of freedom to find your own calling.
Tomorrow (Thursday) is an internal "Hack Day", and Yahoo!s all over the world will be churning out interesting/cool projects in an informal competition. It's loads of fun.
The biggest advantage of Yahoo! as an employer is that there is such a wide variety of projects to work on. You want to work on a project doing, say, TV on a mobile device? I'm sure there's a group working on that.