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4.6b 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
by rgbrenner 12y ago
4.6b 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