Quick Quiz: If the CEO of your company said, “We are preparing to seek ‘strategic alternatives,'” what would be your initial reaction? If you answered, “Sweat buckets of blood and immediately call a temp agency,” you win.
Unfortunately, 15 percent of Yahoo employees are going through that horrible feeling now, thanks to Marissa Mayer announcing that more than 1,700 pink slips are about to be issued.
Yahoo swung to a steep loss of $4.43 billion, or $4.70 a share, in the fourth quarter.
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in