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Marissa Mayer might finally be planning those huge job cuts many have called on her to carry...
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Friday, November 16, 2012, 6:35 PM ETMarissa Mayer might finally be planning those huge job cuts many have called on her to carry out: sources tell Kara Swisher Yahoo (YHOO) will implement a new performance-measurement system with the goal of identifying the "bottom 20%" of workers, with the goal of lowering the compensation allocated to that group. Also, Yahoo has cancelled a policy of giving most workers the week between Christmas and New Year's off. Yahoo cut 2K jobs this year ahead of Mayer's arrival.
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This news story has 10 comments:
1. Yahoo's leadership has not performed for so many years I cannot even date it. That includes the CEO and the board. The fish rots from the head down.
2. When leadership does not perform the rank and file drift and are not focused. They end up not performing either. Kind of like an army or a squad with no leadership. They all end up dead.
3. Yahoo needs to cuts costs so that is really the driver. Upgrading talent is a better story then whacking heads.
4. Finding the bottom 20% is political and fortuitous. If you happen to be in a growing business you are probably OK. If not you are in trouble even if you are a genius. If you have a great leader you will be fortunate. If not look out.
That is the real world.