Do not wait for things to turn out bad - leave now if you are working in Sunnyvale.
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Topics regarding layoffs at Yahoo! Inc.
its confirmed that the layoff number will be at least 2,100 layoffs, twice as much as originally projected at yahoo. see details here http://www.cnbc.com/2017/06/14/tim-armstrong-sees-layoffs-of-15-percent-after-verizon-yahoo-deal.html
heard the layoffs are imminent and coming for sure. what is more shocking is the number will be higher than originally projected due to the higher than expected payoff for Mayer. Don't we feel like idiots to have our pictures taken with her while she... read more
This is confirmed and all over the news today.
They promised severance if you get laid off after the hand off. I heard from my managers that layoffs will occur before hand off and settled before hand off. As they have not given Warn notice, those laid off will get 3 months (officers will get 6... read more
Oh, layoffs, layoffs… Every year I hear the same story but layoffs never happen here in Sunnyvale.
How does the acquisition affect bonuses and shares of Yahoo stock through the employee purchase program. Anyone knows?
No Major Layoffs Are Expected: http://www.hollywoodreporter.com/news/major-layoffs-arent-expected-yahoo-914275
There are so many IT layoff this year, how are we all going to find another job especially with China now even producing fab chips/asics. I know everyone thinks India/Indian's are a big threat and taking over our jobs. Yes, I agree to some point but... read more
Used to work for a company that got gobbled up by a private equity firm, they went after cash flow and money making assets. Laid off every single person that was not 100% essential - milked cash flow and sold us in chunks. That's what'll happen - I... read more
here is the story about the next wave of layoffs at yahoo http://www.marketwatch.com/story/yahoo-to-layoff-15-of-workfroce-explore-strategic-alternatives-live-blog-2016-02-02
A few of my buddies in the US and India who left Yahoo in the past 2 years after 5+ years of service have struggled clearing interviews or even getting calls for interviews. If you have "Analytics" on your resume at Yahoo, the chances of clearing... read more
It wasn't JUST the "digital magazine's" and engineers that were let go recently. A numerous group of Account Managers/AE's and AD's were let go yesterday from east to west coast. And then they are shutting down the Burbank office... I'm glad I got... read more
Why do you think it's rare to find anyone over 45 in a sales position there vs. what you may have found five years ago? Is it because people over 45 suck at ad sales? Is it because they were all smart enough to get out before the company started... read more
In 2014 the started stealth layoffs in small increments, but the numbers were smaller and less off putting to the majority, so those left behind were easily fooled into a false sense of superiority, thinking they were somehow better than those let go... read more
I'm going to take my talents elsewhere. Anyone know if Altavista or Hotbot is hiring?
I kind of hope to get something similar to de Castro's package - he spent sweet 14 months here, and walked away with 60 million - MM, that's a great way to manage an enterprise, keep up your prudent and shrewd work
the reports can be viewed by clicking links on this page: http://www.edd.ca.gov/jobs_and_training/Layoff_Services_WARN.htm the WARN report isn't listed yet for Yahoo (if it was submitted yesterday or today, it wouldn't be listed on the most recent... read more
A WARN notice filed, departing April 11 2016, engineering positions and management positions...
A) Horrendous capital allocation B) Weak and B-class Partnerships C) Non-existing cost control (and controls in general) D) Bloated workforce, uninterested and capitulated E) Convoluted decision making and silos mentality
I was in Yahoo in US and moved to Yahoo in India. I had an offer in Dec 2014 to relocate to the US or take 9 months of salary (3 months of severance, 3 months of tech transfer, 2 months of bonus and 1 month additional that all employees got). The... read more
Why in the world would we want to operate offices in exotic locations is beyond me - what a waste!
That's what I heard, we know about the first one, the second one will be unleashed this Summer - an SVP level source, OOS
Now things will accelerate - I think pretty much everyone is running out of patience and there will be no more excuses and no more games played. Maynard Webb was clear today, but this time around 'exploring strategic initiatives' will not be bringing... read more
No willingness to change, stonewalling and sabotage - this company will never change - I left in Feb 2015, I've had enough of it. It's very siloed and you'd be smart if you were to leave ASAP
This is just a beginning - here is the full coverage by NYT "A Yahoo Employee-Ranking System Is Challenged in Court": http://www.nytimes.com/2016/02/02/technology/yahoo-employee-ranking-system-lawsuit.html?_r=0
Yahoo Restructuring Begins With Stealth Layoffs and ‘Invest/Maintain/Kill’ List http://recode.net/2016/01/28/yahoo-restructuring-begins-slowly-with-stealth-layoffs-and-investmaintainkill-list/
2016 Layoffs Predictions - Global Equities Research, Trip Chowdhry Yahoo!: Global Employee Count 12,500: Layoffs: ~30% layoffs = ~3,500 workers to be laid off Yelp: Global Employee Count 3,671: Layoffs: ~30% layoffs = ~1,000 workers to be laid off... read more
Just tells you how disconnected she really is --- http://nypost.com/2016/01/18/marissa-mayers-job-safety-joke-doesnt-sit-well-with-workers/
Marissa is pretty much done - the sharks are circling and a massive overhaul will take place before 7/31/2016. The gears are already in motion and SpringOwl is spearheading the attack. I left in 2012 and it was bad at that time - I can imagine how... read more
It'll be a bloodbath. http://www.businessinsider.com/eric-jackson-on-his-yahoo-slide-deck-2015-12
What is the likelihood of Yahoo! layoffs in Sunnyvale in 2016? Please let me know if you have any information.
Get Pregnant and announce it. The board cant risk looking inhuman to fire you for 10 months at least. http://www.theguardian.com/technology/2015/sep/02/yahoo-ceo-marissa-mayer-pregnant-with-twin-girls How many people who became parents lost jobs at... read more
2015 is shaping to be an outstanding year for Marissa, 1100 people are gone in a great Mayer’s “remix”
Morgan Stanley has a report indicating that over 1,400 (11% of workforce) of Yahoo! workers need to be cut just to profits flat http://www.businessinsider.com/morgan-stanley-wants-more-cuts-at-yahoo-2015-4
Yahoo laid off a a fairly large group of us this week, most of cut backs took place in our news and entertainment division here in Canada.
Does anyone know if we are planning to let go of some elements of internal IT and outsource the functions? I heard rumors in 2013 and it seems that we'll have an issue again.
So far so good, minimal layoffs, but i think Marissa has exhausted all options and will have to do a major HEADCOUNT REDUCTION. Let's see how things transpire over next few months but I think she'll cut deep and Yahoo! folks will feel the pain soon.