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Marissa Mayer reportedly told Yahoo (YHOO) employees at today's all-hands meeting the company...

Marissa Mayer reportedly told Yahoo (YHOO) employees at today's all-hands meeting the company will have a strong mobile position by 2015 (mobile is a clear weak spot right now), and will only approve projects capable of obtaining 100M users or $100M in revenue. She also claimed Yahoo, which just agreed to return $3.65B to shareholders, will make more "acqui-hires" to reel in engineering talent. Few details were apparently given about individual products, and none about layoff plans. (CFO change) Update: Kara Swisher has more details.
Comments (2)
  • wjbrown2003030
    , contributor
    Comments (39) | Send Message
     
    And I reportedly told colleagues, upon hearing Mayer's comments ... "Yawnnn".

     

    Yahoo is finished. It serves as 1-2 year plaything, a vehicle for Ms. Mayer and her Bay Area social friends and certain connected Stanford alumni. Sure, AdAge will play it up with puff pieces, and Kara Swisher at AllThingsD will sweat and analyze every possible strategic move, but it will all add up to a whole bunch of ... nothing.
    25 Sep 2012, 06:34 PM Reply Like
  • popmcdan
    , contributor
    Comments (12) | Send Message
     
    Apple NEEDS a service like YOHOO, and has a pile of cash a mile high, why does it not take over YAHOO......????? THAT would be an outstanding way to spend some of that cash........!! Apple HAS the engineers to put Yahoo's stash of cash to work more efficiently than returning it to shareholders......!!!!...
    25 Sep 2012, 10:27 PM Reply Like
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