Valleywag
strategery
Posts Tagged “
strategery
”
strategery
strategery
Yahoo's short-term plan: layoffs and lawsuits
A still-independent Yahoo filed a 10-Q with the SEC last week, putting in writing some its current realities as well as its expectations for the coming quarter. Severance packages and other layoff expenses cost Yahoo $29 million in the first quarter. It plans to pay another $15 million in the second. Yahoo also now faces at least 10 shareholder lawsuits following the Microsoft merger negotiations.
strategery
If I worked at CNET, this layoff memo would make me want to quit
CNET CEO Neil Ashe sent this all-hands memo to explain to his charges the changes that CNET is making to be successful. The memo looks like it came straight out of a Dilbert strip. Ashe says CNET must "embrace change" and "drive greater efficiencies in the business." In addition, a management task force has evaluated CNET's "organization and resource alignment." How about writing a memo in actual English? That seems easier — and a better way to spend everyone's time. At least Jerry Yang's memos had that funny e.e. cummings-esque no-capital-letters charm going for them. Ashe's anodyne euphemisms? They make me glad I don't work at CNET — or any other huge conglomerate for that matter.
strategery
You're not the only one confused about Ask; so are employees
Earlier this week, the Associated Press reported Ask.com would become a search engine for midwestern women. But now the "Marge Simpson Plan" — as our Ask tipster calls it — is off. Apparently, Ask CEO Jim Safka changed his mind over the weekend and executives spent all day Sunday scrambling to put together a new plan. Our tipster blames the confusion on Safka's secretive nature, telling us that when he comes into work his office door is always closed. The silence has once loyal employee feeling apathetic and looking for jobs elsewhere.
strategery
Nokia jealous of Apple, wants cut of the action
Nokia CEO Olli-Pekka Kallasvuo said in an interview with a German paper that Nokia will pursue a cut of subscriber revenues for some future data-based devices. As we've previously noted, Apple has set up a triple whammy with the iPhone: the company gets paid when it sells the phone, gets a kickback from service providers, and gets a cut of content sold through the iTunes store. In October, Nokia rolled out an unimpressive social network and partnered with Universal Music to start its own music store. Apple has shown the rest of the industry that there is money to be made in more than just handsets, and Nokia wants in on the action. More »
strategery
