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Yahoo Future Doesn't Look So Bright... Or Does It?

Senior Software Engineer
Current Employee
Has worked at Yahoo for 4 years
June 19, 2017
Sunnyvale, California
1.0
Doesn't RecommendNegative OutlookNo CEO Opinion
Pros

Not a very hard-working environment. If that's what you're looking for—more play and fun than actually doing any work—free food. Everyone gains about 10 pounds their first year here.

Cons

Not a very diversified work environment. 60% Indian descent, 30% Asian, 10% White.

Most people are "followers" – they like to be told what to do and wait for someone to tell them and manage them.

Slacker environment; no one works very hard. Games and events every day. I cannot imagine much work gets done when there are company events. Wide event half the day, and the rest of the day people eat and drink as if it were the end.

Talking about free food, I get turned off by seeing all these people bringing home food in food containers. Just because it's free food (breakfast/lunch/dinner), it doesn't mean you need to stack your containers and bring it home to your whole family to feed them!

Advice to Management

Yahoo has struggled to figure out where to go from here.

Marissa Mayer was brought in but didn't know what to do either.

All innovation at Yahoo was accrued by acquiring startups like Flickr, Flurry, Tumblr, Brightroll, etc., not created by Yahoo.

Same goes for Broadcast. Mark Cuban sold his sports media streaming company to Yahoo for $5 billion, and now Yahoo sold itself for $4.3 billion!

Yahoo got a management refresh; 80% of management was purged, and new executives were brought in from AOL (owned by Verizon).

We have yet to see what this new company, Oath, will do with Yahoo.

For starters, 2,100 people were fired when the Verizon deal closed recently. That wasn't good for morale, but that's what happens when you turn over the keys, the CEO takes the golden parachute, and leaves the company in the dust.

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