
Yahoo is making the equivalent of a Hail Mary pass in the final minutes of a bowl game or a final shot right at the buzzer. And we don’t think this is going to end like the glorious IU vs UK game back in December (glorious, if you are an IU fan, of course). Just by glancing at the numbers, it doesn’t look good for Yahoo: six layoffs and three CEOs in four years—not the sign of a healthy company. Maybe new CEO Scott Thompson has something up his sleeve? We hope for the sake of the other 12,000 employees that he is not bluffing. But who are we to say what may be the fate of Yahoo? After all, we are HR professionals, not fortune tellers. What we can say is this: From an HR prospective, Thompson is going about this all wrong. Yes, sometimes business owners and CEOs have to make drastic decisions that others label as crazy (ex: Facebook buying Instagram for $1 … [Read more...]





