Yahoo internal memo : Fire 20% of workforce

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BERKELEY, California (Reuters) - Yahoo Inc. needs a dramatic organizational shake-up and cuts in its work force of up to 20 percent, according to an internal memo written last month by Senior Vice President Brad Garlinghouse.

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Founders Note:
Google isn't just killing print media.... though blame could (and should) be assigned to Yahoo for growing the competition using Google's search until 2003 or so...

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Not Google

>>Google isn't just killing print media

I don't see this as a direct Google problem, rather this is a failure of leadership in Yahoo. Yahoo, Microsoft and even Google are all starting to behave like the old time corporate conglomerates and loose their focus, determination to win and initiative. Yahoo cannot compete with number one Google until they set their own house in order. The good news is that they appear to recognize this and are willing to correct their errors - something, I think Microsoft still cannot bring itself to do.

Google seems to be going down the same path of dissapated focus which will buy Yahoo some time to get it's act together.

The Peanut Butter Manifesto

According to the Wall Street Journal (Friday 11-17-06), the memo was titled The Peanutbutter Manifesto because it asserts that Yahoo! has spread itself too thin.

Yahoo!'s new advertising console is nothing to write home about. It still has maddening weaknesses. First among them, it requires human editorial approval, which delays the release of new ads, prevents editing an ad that contains a mistake until it gets approved, and allows idiotic human editors to reject perfectly good ads for inane reasons. For instance, "this ad doesn't contain the keyword." Yeah, but it contains an obvious synonym.

I think the board should look for a new CEO, one who emphasizes doing the simple stuff well, like making an advertising program that works well and is easy for the advertiser to use. When the main revenue generating process isn't working efficiently, everything else doesn't matter. Yahoo! needs a CEO who understands Peanut Butter.

I agree that Yahoo needs a

I agree that Yahoo needs a new CEO. Someone who has grown up in the internet. Interestingly, AOL just lost a future CEO.

In all seriousness, I think someone like Rand (or someone like that) could run Yahoo and double the stock price. Yahoo is an internet company, and you need someone who understands the internet.

Peanut Butter...

Ohh, Aaron is gonna be all over this...

Quote:
Yahoo, Microsoft and even Google are all starting to behave like the old time corporate conglomerates and loose their focus, determination to win and initiative.

Yup thats what happens when you hire an 'old school' corporate type to run a new type of business.

but look at the alternative;

getting a bunch of clever 'n' user orientated geeks to do what they think is best.

That works. Um. Sorta.

None of this is necessarily bad.

Google will cause a lot of jobs to be lost as they give high-speed Internet, cellular telephones and other services to the people of the world at no cost. Those people will be forced to work for Google, or to find ways to provide services to consumers at a fairer market value.

If every corporation worked like the big G, and they all competed to see who could give the most to the consumer while asking for the least back, I think we'd all be a lot better off. The only thing that concerns me is that other corporations won't wise up quickly enough to prevent Google from snowballing into the sole proprietor of information in the next era.

I think someone like Rand

I think someone like Rand (or someone like that) could run Yahoo and double the stock price.

Yes, yes of course. Why didn't anyone else think of that?

No offence Rand.

In all seriousness, I think

Quote:
In all seriousness, I think someone like Rand (or someone like that) could run Yahoo and double the stock price. Yahoo is an internet company, and you need someone who understands the internet.

That *must* have been a joke, right?

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