Monday, February 01, 2016

Marissa Mayer to Make Case That Yahoo Can Be Turned Around - Bloomberg Business

Yahoo's latest turnaround plan to be announced on Groundhog Day

"Marissa Mayer is gearing up for yet another turnaround plan for Yahoo! Inc. Given the company’s persistent growth slump, even a sweeping overhaul may do little to fend off activist investors threatening to wage a proxy war aimed at her removal.
Yahoo’s chief executive officer, who has overseen falling sales in 7 of the past 10 quarters, promised to detail a plan to cut costs and boost growth. The effort, set to be announced with quarterly earnings Tuesday, will probably include job cuts, a person with knowledge of the matter has said."
Marissa Mayer to Make Case That Yahoo Can Be Turned Around - Bloomberg Business
Post a Comment