Technoglitch
Core Member
A large part of the recent increase in expenses is owed to costly deals Ms. Mayer struck with Mozilla Corp. and Oracle Corp. to provide traffic to Yahoo’s search engine.
Ms. Mayer has lowered head count to 10,700 employees in the most recent quarter, down from the company’s peak of about 14,000 before she started in 2012.
The CEO cut 1,800 employees in the first nine months of last year, mostly workers in offices outside the U.S., including China, India and Canada.
But Yahoo’s organization is still massive compared with the size of its business.
In the first nine months of last year, Yahoo generated an average $345,000 in revenue from each employee, lower than Twitter Inc.,which made about $359,000 per employee during that period; Alphabet Inc., with $895,000 per employee; and Facebook Inc.,with just over $1 million in sales per employee
Yahoo’s Marissa Mayer to Unveil Cost-Cutting Plan - WSJ
Ms. Mayer has lowered head count to 10,700 employees in the most recent quarter, down from the company’s peak of about 14,000 before she started in 2012.
The CEO cut 1,800 employees in the first nine months of last year, mostly workers in offices outside the U.S., including China, India and Canada.
But Yahoo’s organization is still massive compared with the size of its business.
In the first nine months of last year, Yahoo generated an average $345,000 in revenue from each employee, lower than Twitter Inc.,which made about $359,000 per employee during that period; Alphabet Inc., with $895,000 per employee; and Facebook Inc.,with just over $1 million in sales per employee
Yahoo’s Marissa Mayer to Unveil Cost-Cutting Plan - WSJ
