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Yahoo First Quarter Results: Revenue Dips Slightly, Profits Increase
New submitter dolilmao was the first with the news of Yahoo's first quarter results. From Techcrunch: "Yahoo just released its earnings report for the first quarter of 2013, with better-than-expected (non-GAAP) earnings of $420 million, or 38 cents per share. Revenue (excluding traffic acquisition costs) was flat compared to last year, at $1.07 billion. Analysts has predicted that the company would report revenue of $1.1 billion and 24 cents EPS. Wall Street normally evaluates Yahoo on an ex-TAC basis — including traffic acquisition costs, revenue was $1.14 billion, down 7 percent from last year."
Did you miss the part where Marissa Mayer took actual measurements of remote employee connection and realized they weren't working as much as they claimed, and gave them an ultimatum to work at the office or not work for Yahoo?
Maybe you missed the part about all of the acquisitions Yahoo made recently. I don't know the details, but acquisitions usually mean layoffs in some form or another. I'm sure there are some news stories to go dig up about all of the layoffs as a result of Yahoo mergers you could dig up to support your accusation.
Did you miss the part about 14% of Yahoo's hires being ex-employees begging for their jobs back? I don't know if that's a big number, but it seems larger than I expected.
Your bet makes no sense given that a new President and CEO is in charge. New CEOs tend to make big changes, and then either fail spectacularly, or not fail spectacularly. Either way, change is afoot. If you want to accuse an established company, with an established CEO, as being greedy at the expense of older employees, I'm completely behind you. That seems to happen a lot.
But it also makes the news, when the sort of age discrimination you accuse Yahoo of actually happens. No betting needed. Just go research it, post some links, and know what the hell you're talking about rather than projecting on every industry member you can find. Otherwise you're just another asshole farting on the internet. Polite society demands I not even acknowledge your ejaculation, but the internet is not polite society.