4 ms·
She should have as long as Yahoo is in the black. It's appetant stockholders greedy for short term gain that are screaming to lay-off gainfully employed people.
by shawndumas 12y ago
She should have as long as Yahoo is in the black. It's appetant stockholders greedy for short term gain that are screaming to lay-off gainfully employed people. People that are producing real and substantial profit quarter after quarter.
She should pull a Dell and drop the pack of vultures hoping for a takeover. Then she could continue to do the awesome surgery to rid Yahoo of its cancer.
- rgbrenner 12y agoYahoo isn't even keeping up with inflation... much less kept par with average IT-industry growth. If it were a private company, she would have "as long as Yahoo is in the black"... but Yahoo took money from other people. Those people are going to want a return at some point.
- shawndumas 12y agoThe vast majority of the current market cap is Alibaba and Yahoo Japan. Heck, all of it by some accounts. The stockholders will get their money back. The stock price reflects this. 7b* in profit is substantial and it'd be a travesty if 15k people lost their jobs for a little short term action. *http://www.wolframalpha.com/input/?i=yhoo%20profit http://www.wolframalpha.com/input/?i=yhoo%20profit
- rgbrenner 12y ago4.6b is profit is substantial No, they had 4.6b in revenue. Their operating income was 146m for 2014... (which is a big drop from the 590m in 2013, and 565m in 2012). Re edit: I see you edited the profit number to 7b. This number includes 10b in one-time asset sales during 2014. (EDIT: sold 10b of Alibaba stake [0]). For Yahoo's sake, I hope Marissa's plan isn't to sell off Yahoo 10b at a time to boost net profits. it'd be a travesty if 15k people lost their jobs for a little short term action. No where have I suggested layoffs. I said Marissa may find herself out of a job if things don't improve. I imagine she has another year or two max (unless things change). That's very different than saying 15k people should be let go. 0. http://dealbook.nytimes.com/2014/09/25/yahoo-faces-moment-of-decision-again/ http://dealbook.nytimes.com/2014/09/25/yahoo-faces-moment-of...
- shawndumas 12y agoI hear you, and agree regarding the 10b. My point was simply that supporting 15k jobs and still being in the black has value. I know that you know that. Would you agree that maximizing shareholder value is not the ultimate ethic? Also, I never said that you were calling for lay-offs
- rgbrenner 12y agoWould you agree that maximizing shareholder value is not the ultimate ethic? Yes, I wholeheartedly agree. I simply don't think that (most) investors agree with that, and will seek a change in leadership if the income statement doesn't improve.
- shawndumas 12y agoAgreed
- deleted 12y ago[deleted]