Yahoo Exec Exodus Signals Uncertain Future - InformationWeek

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Commentary
10/27/2015
10:36 AM
Larry Loeb
Larry Loeb
Commentary

Yahoo Exec Exodus Signals Uncertain Future

A steady stream of executives exiting Yahoo in recent months shows a lack of confidence that CEO Marissa Mayer can turn things around.

(Image: Alija/iStockphoto)

(Image: Alija/iStockphoto)

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larryloeb
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larryloeb,
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11/2/2015 | 5:32:05 AM
Re: Exodus of talent
I'm just suggesting a reason that those vested employess might not think their shares will be in demand right now. And that figures in for an employment move that will make them lose their shares
Joe Stanganelli
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Joe Stanganelli,
User Rank: Author
11/1/2015 | 10:34:39 PM
Re: Exodus of talent
Well, that's how buyouts work.  The board is made up of shareholders, and the money of a buyout goes to the shareholders.  The buyer is buying the shares belonging to the shareholders.
Joe Stanganelli
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Joe Stanganelli,
User Rank: Author
11/1/2015 | 10:32:45 PM
Re: Exodus of talent
@Maryam: But does it really matter?  Because so much of what CEOs do now is not so much for the good of the company but to appease the major shareholders.  Big bold headline-getting moves like eliminating work-from-home programs might have made some shareholders happy.
larryloeb
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larryloeb,
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10/30/2015 | 8:08:56 PM
Re: Exodus of talent
Or it may be that they dont think they will profit from that buyout.

Maybe they think that any buyout money will go to the investors, not them.
impactnow
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impactnow,
User Rank: Author
10/30/2015 | 6:50:00 PM
Re: Exodus of talent

Durbin exactly and their results are showing that their employees working from home wasn't the problem. Their strategy is the problem. Unless they have a clear vision of how they fit into the market all their employee blame won't change the future. Sadly their execs departing most likely see that reality and don't want to be there for the inevitable merger or buyout.

larryloeb
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larryloeb,
User Rank: Author
10/30/2015 | 3:33:28 PM
Re: Exodus of talent
Marissa wouldn't have that.

Ordnung ist alles.
Joe Stanganelli
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Joe Stanganelli,
User Rank: Author
10/30/2015 | 11:56:41 AM
Re: Exodus of talent
More to the point, the exodus reflects a possible bad culture -- where opportunities for growth are nil, ideas and people aren't respected, and/or and the money is running dry.

Shoulda let people keep working from home.
larryloeb
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larryloeb,
User Rank: Author
10/30/2015 | 11:30:42 AM
Re: Exodus of talent
See, Yahoo is old enough that it has all this past debt to pay. The investors want that done first.

It needs the cash to pay off its debt.

They already borrowed aganst their Alibaba sale revenue, I bet.

A user is all .they have out there to generate revenue 

So, they are trying to sell ads right now.

It's what they do.

But

The need for cash seems to be stressing out the marketing folk to the point that they are leaving.

There is tremendous pressure on people that are supposed to generate revenue when the enterprise needs it to stay afloat.

They are talented enough that they an find other jobs. The recent exodus may also just be an autumnal flocking of birds to new nests for the short term.

Twitter got some returns of the recently departed happening after Dorsey got to be CEO.

Everything changes, all the time.
DDURBIN1
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DDURBIN1,
User Rank: Ninja
10/30/2015 | 11:09:23 AM
Re: Exodus of talent

@larryloeb, Yahoo would be best to find a partner, maybe Verizon for synergy with AOL?  I do know Yahoo needs to rethink their approach but maybe they're trying to milk every penny out before going bust, like terminally ill person going for a last hurrah because their latest moves just drive more customers away.

larryloeb
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larryloeb,
User Rank: Author
10/30/2015 | 9:59:08 AM
Re: Exodus of talent
You raise a great argument there; and it's really appropriate.

AOL sort of figured out a niche; but it was the Verizon buy-out that saved their butts.

Earthlink was a pure dialup access play, and that went away when the big boys gave them an endrun.
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