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Yahoo Hires McKinsey to Mull Reorg, as Mayer Demands Exec Pledge to Stay
- rezashirazian 11y agoThe carousel ride is over and investors are out of nickels for little Marissa It has been three years and she still has no idea what she's doing. It goes to show you that Google/Stanford pedigree and a pretty face doesn't necessarily make for a great CEO. Now they're bringing in the big boys to clean up the mess and make the decisions she couldn't (doesn't want to) make.
- alpeb 11y agoWhat a pitty having to spend millions to ask a consultant how to run your own business.
- pinewurst 11y agoEspecially when they're going to show up with a bus full of new grad MBAs and bill like crazy for each of them. A few whale charts and a huge billable later, they'll tell MM what she wants to hear and they're off to their next engagement.
- toomuchtodo 11y agoWhy haven't shareholders liquidated the business yet? Isn't it worth more parted out than continuing to operate?
- fensterblick 11y agoI recall there being quite a few Yahoo employees and execs with McKinsey backgrounds. I think many of them were on previous projects that Yahoo hired them for. If this is the case, I hope they get better results this time.