Thursday, January 28, 2016

Yahoo Restructuring Begins Slowly With Stealth Layoffs and “Invest/Maintain/Kill” List | Re/code

Continuing expansion of the Yahoo alumni club

"Of course, earnings will be as lackluster as ever, said insiders, especially since the company has continued to lose a series of sales execs, especially at its BrightRoll programmatic video advertising platform after its one-year acquisition cliff as reached. For example, sources said Craig Whitmer, VP of platform sales, is headed out the door, along with a half dozen more important staffers in the unit.

Despite layoffs, this kind of brain drain of needed talent is happening at all levels, even those close to Mayer. Consider Shweta Vohra, who worked on strategy for Mayer directly and is now chief of staff to CEO Evan Williams of Medium."
Yahoo Restructuring Begins Slowly With Stealth Layoffs and “Invest/Maintain/Kill” List | Re/code
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