BreezyLimbo
Banned
Do they want to or did they because it was required?
I dunno how Google does it. if they require 140 hour work weeks they're insane. If it's optional..eh.
Do they want to or did they because it was required?
now that was a failure of a CEO. Target had wind at it's back to succeed in Canada and somehow he managed to fail.
I really don't think it's a good thing, a ton of studies showed that people always end up regretting it, and when you create a system that rewards such behavior, even if you don't explicitly demand it, you create a pressure on your workforce to do the same.Eh, Workaholism isn't a bad thing. If the person really gets through the day by putting in alot of work, even an excessive amount, than good for them. Granted I like my time off, but I can see why a person would put in alot of hours doing something they want to do.
Is my assumption correct that these people wouldn't want to be CEO if there's no severance package in the first place?
I really don't think it's a good thing, a ton of studies showed that people always end up regretting it, and when you create a system that rewards such behavior, even if you don't explicitly demand it, you create a pressure on your workforce to do the same.
Such systems discriminate against single parents, people with family health issues etc.
Also, and that's admittedly a bit anecdotally, but in my experience with workaholics, I wouldn't necessarily want those people run a company or have a huge impact on our economy and politics like they currently have. Not saying every workaholic is a bad person, far from it, but on average I think there's some negative correlation there (though again, this is all anecdotal, so take it as you will).
p.s.
This has nothing to do with work ethic by the way, I think you can be a very hard working person while still putting "only" 40 hours a week.
If Yahoo hadn't completely neglected Messenger that could have been a huge business.
But they did.
It never ceases to amaze me how CEOs are paid millions of dollars when they're fired. Gotta love backwards-ass corporate America.
"Thanks for ruining us, here have some more money!"
Don Mattrick has mastered this art.
When?
In 2003?
Last time I checked Snapchat, WhatsApp, Kik, Line et al are pretty major businesses.
Yahoo Messenger could have played in that space if it hadn't been mothballed and shunted between divisions.
I was just reading about her the other day. She put in 130 hour work weeks at Google, and would sleep under her desk, so at least her work ethic wasn't part of the issue. I really do think she tried her best, it just seems like she/Yahoo was doomed to fail. 55 mil does seem like a ridiculous severance package though.
You could buy 1,833,333 Italian meals!With 55 mill i could bye myself nice meal.
Actually that's horrible work ethic. If she can't get what needs to be done in a reasonable amount of time, than she's doing something wrong.
I dunno how Google does it. if they require 140 hour work weeks they're insane. If it's optional..eh.
Do they want to or did they because it was required?
She isn't running a good company.You can't run a good company on a 9 to 5 schedule. You just can't.
She isn't running a good company.
I'm honestly scratching my head wondering what Yahoo is good for anymore. I know Yahoo News somehow makes it as the homepage of the Internet Explorer of every person over the age of 40, so I guess that's their main source of income.
yepthese golden parachutes execs get...can't do anything but just laugh/sigh
Ya no.
Anyone with a real career can tell you that there is always more to do if you can find time to do it.
I can do my job in 40 hours a week, or I could do it WAYYYY better if I spent 80, but I have no desire to do so.
Oh, I read the title as meaning she'd been fired. So she hasn't been fired, but if/when she is she'll get a big bundle o' cash. Huh.
Yahoo? What's that?
Seriously, besides MAYBE their stocks and Tumblr, how are they relevant?
It's good to know, but it's part of the game. By chance or by merit she got to that olympus of being a CEO of a huge company, was always gonna get paid regardless of outcome. But she can earn a lot more if she makes the company perform.Wouldn't it be nice to be told that if you get fired you'll get this big bundle of cash, even after you've already been on the job for a while?
This isn't really golden chains as far as I can tell.
Nonsense. If you have to work 80 hours a week to do a good job, you have failed or your company has failed by not hiring the appropriate amount of people, not delegating work, not having the right departments, or not being organized. Working an excessive amount of hours is unhealthy and unproductive. After a certain amount of time fatigue and being overworked makes the quality of your output plummet to garbage levels. You would not do a way better job with 80 hours, you would be a disaster,
It could be the best part of Yahoo. They have had so many opportunities to pivot it to be a leader in social media but fumbled every attempt while Snapchat and Instagram explode.Flickr is the best part of Yahoo.
That's her job. Otherwise they should just flip a coin and give anyone the job plus benefits.Did you expect her to turn Yahoo around?