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Yahoo! VP Calls For a Shakeup

prostoalex writes, "Yahoo!'s Senior VP Brad Garlinghouse sent out a company-wide memo calling for layoffs of 15-20% of Yahoo! staff and reversal of priorities to concentrate on major issues facing the company. (The Wall Street Journal posted a copy of the memo.) MarketWatch quotes Garlinghouse: 'I've heard our strategy described as spreading peanut butter across the myriad opportunities that continue to evolve in the online world. The result: a thin layer of investment spread across everything we do and thus we focus on nothing in particular. I hate peanut butter. We all should.'"

2 of 174 comments (clear)

  1. I've never seen a memo that confusing.. by Channard · · Score: 5, Funny

    ... that didn't have any buzzwords in it. Let's hope just that it doesn't get Yahoo into a jam - otherwise that VP could be toast.

  2. Re:May I be the first by dattaway · · Score: 5, Funny

    What has this guy got against peanut butter?

    WARNING: THIS MEMO MAY CONTAIN NUTS.