Has Yahoo! Gone Yahoo?

yahoo layoffs

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...]

Human Resources Consulting: Tips for Easier Performance Management

One of the most requested topics our human resource consulting firm is asked to speak on is performance management. I know, I know - just the thought of performance evaluations and year end reviews is enough to send otherwise normal people over the edge. The good news is help is available. Following are tips from our human resource consultants how to "ease the pain" of performance management: Communication is key! This is the one time surprises are not good. Employees deserve (and want!) to know on a regular basis how they are performing. Without proper feedback, employees cannot change what they are doing or how they are behaving. Remember: if you keep doing what you've always done, you're going to keep getting what you've always gotten! Consider keeping evaluations and raises separate. Depending on the organization's compensation strategy, tying the two together can … [Read more...]

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