Carol Bartz Is Out As Yahoo's CEO 200
itwbennett sends word that Carol Bartz is no longer the CEO of Yahoo. Company CFO Tim Morse will take up the job's responsibilities temporarily. In an email to Yahoo staff, Bartz said she had been fired over the phone by the chairman of the board. The AllThingsD blog sums up the situation thus:
"[When Bartz replaced Jerry Yang], she presented a take-no-prisoners image and was touted as someone with a reputation as a professional manager who could clean up the place. Not so, as it has turned out. While Bartz has streamlined certain areas and made some strong management hires, her performance has been decidedly bumpy and mostly downhill. The share price has settled in at about $12.50 (just about where it was when Bartz took over), Yahoo’s recent financial results have been weak, its key advertising business is struggling, its attrition rate among engineers and others is startlingly high and its product innovation cycle seems stopped up."
What kind of "future vision" do you want? (Score:0, Funny)
What the fuck kind of "future vision" do you want? Are you talking about changing how the game is played? Are you talking about turning the industry upside-down? Are you talking about taking the rain out of the cloud, and the social out of the Web 2.0? What about the dilemma of the purveyor of fine information technologies? What about the standardization of search and the commoditization of advertising? Are you taking this all into account with your demand for "thought leadership" and "future vision"? Don't forget about the serialization of socialized media. Flickr, anyone? Twitter? YouTube?
I know! (Score:4, Funny)
Maybe they can hire Steve Jobs. I hear he was the CEO of a pretty large company who left recently.
Oh damnit now I can't remember the name of that company! If only they were in the news more I'd remember them.
Re:typical... (Score:5, Funny)
Most of the managers I know tend to think that all the good ideas come from managers.