RD Recap: Tough Times at Yahoo; A Female Chair at National Geographic Society

By Noah Davis Comment

Revolving Door

It’s starting at Yahoo. The ailing internet company will eventually cut up to 15 percent of its workforce–more than 1,500 jobs. Marissa Mayer began this week by saying goodbye to 107 staffers. The idea–supported by consultants at McKinsey & Co., Goldman Sachs and Qatalyst Partners–is to shore up the core internet business while also making Yahoo attractive to outside buyers. According to Kara Swisher, Mayer isn’t “making that sale process easy, including not leading due diligence efforts that will be important to any sale.” On a purely self-preservational level, that makes sense as she’d likely lose her job in the event of a sale. But Yahoo really does need some new blood and ideas at the top…

Jean Case takes over as chairman of the board of trustees at the National Geographic Society. She’s been a member of the board since 2010 and is the first woman to take the top spot in the company’s 128-year history… Time Inc. recruits Michael Zeisser to join the board. He’s the chairman of U.S. investments for Alibaba Group… The Players’ Tribune hires former ESPN executive Raphael Poplock as evp of partnerships and business development as the site eyes growth… Quartz expands, adding Harish Menon, Jill Petzinger, Michelle Phung, Oliver Staley and Elizabeth Winkler… The New Republic launches a politics podcast, hosted by Brian Beutler. Expect more offerings in the near future…