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(NBC News)   Yahoo CEO gets $1.1M bonus after only five months on the job. But don't you dare work from home anymore, that's costing the company much needed funds   (nbcnews.com) divider line 92
    More: Stupid, CEO, Honeywell, Yahoo Inc.  
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1729 clicks; posted to Business » on 08 Mar 2013 at 5:38 PM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2013-03-08 03:25:30 PM
and I typo'd the headline.  :(

Should be $1.5M
 
2013-03-08 04:44:51 PM

Grand_Moff_Joseph: and I typo'd the headline.  :(

Should be $1.5M


That means this version gets GREENED!
 
2013-03-08 04:50:12 PM

Summoner101: Grand_Moff_Joseph: and I typo'd the headline.  :(

Should be $1.5M

That means this version gets GREENED!


*facepalm*
 
2013-03-08 04:51:41 PM
Lol nice job Modmins.

And Grand_Moff_Joseph, at least you get another notch in your greenlight belt, even if it is the wrong one.
 
2013-03-08 04:51:44 PM

Grand_Moff_Joseph: and I typo'd the headline.  :(

Should be $1.5M


Says $1.1M in the article, or am I missing something?

Either way, yeah, not bad for 5 months work.  Although it does say that the stock increased 46% during her time as CEO so not sure if it could be argued that she made them far more than she received in pay.

/Though I'm sure plenty of lower level workers did just as much for the company and probably got squat.
 
2013-03-08 04:53:52 PM

scottydoesntknow: Lol nice job Modmins.

And Grand_Moff_Joseph, at least you get another notch in your greenlight belt, even if it is the wrong one.


True, but I hate it when I typo headlines anyway...especially when they go green.  I'll go find my dunce cap now, lulz.  :D
 
2013-03-08 05:07:17 PM
Lot easier to work from the office when you have a private nursery installed.  I wonder if all new mothers get such perks.
 
2013-03-08 05:41:56 PM

Summoner101: Grand_Moff_Joseph: and I typo'd the headline.  :(

Should be $1.5M

That means this version gets GREENED!


That is one of the funniest comments I've ever seen on Fark.
 
2013-03-08 05:43:12 PM

scottydoesntknow: Lol nice job Modmins.

And Grand_Moff_Joseph, at least you get another notch in your greenlight belt, even if it is the wrong one.


Maybe just half a notch.
 
2013-03-08 05:44:54 PM
This useless tramp was brought on to merely increase the stock price. She doesn't have the knowledge to be a CEO, she got the position by connections. Nothing else. Yahoo is doomed (thank God) and this coont will soon be gone, but unfortunately, she'll pull a Carly Fiorina.
 
2013-03-08 05:52:01 PM
Didn't the K-Mart CEO get something like this in 2003?

Ah

Charles Conaway, Kmart's former CEO. During his less than two years at the company, he made about $13 million, and lived in a mansion. He also re-negotiated his contract five times, at one point scoring himself a $5 million "retention loan."

As the company was spiraling towards financial ruin, he engineered six- and seven-figure "retention" loans for 24 other top executives. Meanwhile, 22,000 Kmart workers were laid off from their jobs.


In January, Kmart filed for bankruptcy. Two months later, Conaway was fired.

Amazing. They get rewarded for failure.
 
2013-03-08 05:58:53 PM

SploogeTime: This useless tramp was brought on to merely increase the stock price. She doesn't have the knowledge to be a CEO, she got the position by connections. Nothing else. Yahoo is doomed (thank God) and this coont will soon be gone, but unfortunately, she'll pull a Carly Fiorina.


I look forward to your peer reviewed article in the Harvard Business Journal explaining the deep and intensive research you went through to come to this well balanced conclusion.

/by all accounts she is doing what needs to be done to turn Yahoo around
 
2013-03-08 06:01:05 PM
Well, when she took over 6 months ago, the stock price was around 15.9, and today it's 22.9. If they brought her on to increase the stock price.. it seems like she's doing OK.

//works from home 1 day a week
 
2013-03-08 06:11:06 PM
...during which time the company's stock gained 46 percent.

Well, I'll say this; At least it's a CEO getting a bonus after their company has IMPROVED. That shiat never happens anymore.
 
2013-03-08 06:35:12 PM

gingerjet: SploogeTime: This useless tramp was brought on to merely increase the stock price. She doesn't have the knowledge to be a CEO, she got the position by connections. Nothing else. Yahoo is doomed (thank God) and this coont will soon be gone, but unfortunately, she'll pull a Carly Fiorina.

I look forward to your peer reviewed article in the Harvard Business Journal explaining the deep and intensive research you went through to come to this well balanced conclusion.

/by all accounts she is doing what needs to be done to turn Yahoo around


Someone should turn her around
 
2013-03-08 06:39:27 PM

Generation_D: gingerjet: SploogeTime: This useless tramp was brought on to merely increase the stock price. She doesn't have the knowledge to be a CEO, she got the position by connections. Nothing else. Yahoo is doomed (thank God) and this coont will soon be gone, but unfortunately, she'll pull a Carly Fiorina.

I look forward to your peer reviewed article in the Harvard Business Journal explaining the deep and intensive research you went through to come to this well balanced conclusion.

/by all accounts she is doing what needs to be done to turn Yahoo around

Someone should turn her around


Judging by the fact that she just had a nursery built on to her office, somebody already did.
 
2013-03-08 06:44:12 PM
If you're saying "but if I can't work from home, I'll have to pay for day care"... your employer probably shouldn't let you work from home.
 
2013-03-08 06:49:45 PM
"I look forward to your peer reviewed article in the Harvard Business Journal explaining the deep and intensive research you went through to come to this well balanced conclusion.
/by all accounts she is doing what needs to be done to turn Yahoo around"


Talk to Fiorina about that. Another loser. Oh, yahoo sucks.
 
2013-03-08 06:54:58 PM

SploogeTime: "I look forward to your peer reviewed article in the Harvard Business Journal explaining the deep and intensive research you went through to come to this well balanced conclusion.
/by all accounts she is doing what needs to be done to turn Yahoo around"

Talk to Fiorina about that. Another loser. Oh, yahoo sucks.


You're not a huge proponent of coherent, rational thought, are you?
 
2013-03-08 06:58:14 PM
Do a yahoo search for "Misogynist newbie dipshiat added to record number of ignore lists".
 
2013-03-08 07:05:47 PM
Can't blame her. She's smart enough to know that her tenure at Yahoo! will end in failure and end after a year or two, just like everyone before her. Might as well steal as much money as possible while she's there.
 
2013-03-08 07:10:46 PM
valleywag.com
 
2013-03-08 07:11:49 PM

Mikey1969: ...during which time the company's stock gained 46 percent.

Well, I'll say this; At least it's a CEO getting a bonus after their company has IMPROVED. That shiat never happens anymore.


Higher stock price != improved company.  As likely, it's financial vultures looting whatever value remains in it.
 
2013-03-08 07:41:02 PM

SploogeTime: This useless tramp was brought on to merely increase the stock price. She doesn't have the knowledge to be a CEO, she got the position by connections. Nothing else. Yahoo is doomed (thank God) and this coont will soon be gone, but unfortunately, she'll pull a Carly Fiorina.


You're not familiar with Marissa Mayer at all, are you? She's a lot of things, but idiot isn't one of them.
 
2013-03-08 07:42:31 PM
I hope there's a clawback clause in her contract...

Unless the whole "everyone back in the office" rouse is so they can play musical chairs, and if you can't find one to work at you're asked to go find a different job. It's also going to toss a bunch of people on their ears because they've taken the delocation opportunity and moved someplace cheap.
 
2013-03-08 07:44:22 PM

wildcardjack: I hope there's a clawback clause in her contract...

Unless the whole "everyone back in the office" rouse is so they can play musical chairs, and if you can't find one to work at you're asked to go find a different job. It's also going to toss a bunch of people on their ears because they've taken the delocation opportunity and moved someplace cheap.


That whole policy is a way for them to cut tons of staff without having to lay anyone off.
 
2013-03-08 07:47:24 PM

SploogeTime: brought on to merely increase the stock price


Which shows once again how the system is rigged by the 1% for the 1%. She comes in and gets richer by enriching the big stockholders. Meanwhile, whether the company is running any better is not clear nor does it matter when compensation isn't tied to actual performance. Stock price is no more a good indicator of company health than house prices indicate school quality.
 
2013-03-08 07:47:40 PM
So without comparing yahoo to google. How is yahoo doing? I don't consider yahoo a search engine anymore. I only go there for news, movie reviews and other pop culture things. If I want to know the timing sequence of a jeep 258 straight six, I use google. So, yes, I think it's fair to not call yahoo a search engine.
 
2013-03-08 07:59:40 PM

tallguywithglasseson: If you're saying "but if I can't work from home, I'll have to pay for day care"... your employer probably shouldn't let you work from home.


I don't know about that.  With the advent of VoIP and high speed internet to the home working from home can be a viable option for insurance or reservation call centers.  Those are jobs that work you can staff w/ stay at home moms who otherwise might not apply and the ACD reporting will quickly show it if somebody is slacking off.
 
2013-03-08 08:00:26 PM

Nadie_AZ: In January, Kmart filed for bankruptcy. Two months later, Conaway was fired.

Amazing. They get rewarded for failure.


...no, it's not failure if you make money off the carcasses of your workers; it's good business sense.

Just ask Mitt Romney.
 
2013-03-08 08:04:42 PM

relaxitsjustme: tallguywithglasseson: If you're saying "but if I can't work from home, I'll have to pay for day care"... your employer probably shouldn't let you work from home.

I don't know about that.  With the advent of VoIP and high speed internet to the home working from home can be a viable option for insurance or reservation call centers.  Those are jobs that work you can staff w/ stay at home moms who otherwise might not apply and the ACD reporting will quickly show it if somebody is slacking off.


Most people with serious creative jobs also work from home.

Screen writers, architects, painters, sculptors: the list goes on but their home offices are often the most important part of any project.
 
2013-03-08 08:17:34 PM

ChrisDe: [valleywag.com image 231x321]


This use of the phrase confuses me.  Is the prefix "German" implied now?
 
2013-03-08 08:22:52 PM

gingerjet: SploogeTime: This useless tramp was brought on to merely increase the stock price. She doesn't have the knowledge to be a CEO, she got the position by connections. Nothing else. Yahoo is doomed (thank God) and this coont will soon be gone, but unfortunately, she'll pull a Carly Fiorina.

I look forward to your peer reviewed article in the Harvard Business Journal explaining the deep and intensive research you went through to come to this well balanced conclusion.

/by all accounts she is doing what needs to be done to turn Yahoo around


PLEASE MAKE THIS HAPPEN

I want to cite SploogeTime (2013) in my dissertation...
 
2013-03-08 08:34:08 PM
fark it, Yahoo boycott is on.  Let's burn the dirty whore biatch out!
 
2013-03-08 08:45:41 PM
Funny how two companies that are circling the drain are canceling their telecommuting projects.

No matter, in a couple of years, Best Buy and Yahoo workers won't need to be worry about commuting to their respective offices when they eventually get shiatcanned. I don't think it's a question if Best Buy and Yahoo go bankrupt, it's a question of when.
 
2013-03-08 08:48:59 PM

gingerjet: SploogeTime: This useless tramp was brought on to merely increase the stock price. She doesn't have the knowledge to be a CEO, she got the position by connections. Nothing else. Yahoo is doomed (thank God) and this coont will soon be gone, but unfortunately, she'll pull a Carly Fiorina.

I look forward to your peer reviewed article in the Harvard Business Journal explaining the deep and intensive research you went through to come to this well balanced conclusion.

/by all accounts she is doing what needs to be done to turn Yahoo around


Trust the Harvard Business Journal these days? After all the false starts and scams and shell games played on suckerdom in the past several decades? Peer-reviewed? (Queers, Steers and Peers...)

In whom to vest trust truly poses a serious challenge when practically all CEOs and the media cheerleaders who champion them (including staid ones like WSJ and HBJ) have such a shiatty track record.
 
2013-03-08 08:54:25 PM
Seems like a a lot of Yahoo employees posting today.  Not posting from home, but posting none-the-less...
 
2013-03-08 09:01:34 PM
I work from home 100% of the time, income very good, last two years and counting.

My employer's not circling the drain either.
 
2013-03-08 09:03:38 PM
CEOs do more work than 99% of a company's workforce combined. But of course subby's life working in retail has sheltered him from that fact.
 
2013-03-08 09:08:48 PM

enik: CEOs do more work than 99% of a company's workforce combined. But of course subby's life working in retail has sheltered him from that fact.


-10/10

Weak sauce.
 
2013-03-08 09:29:34 PM

stuhayes2010: So without comparing yahoo to google. How is yahoo doing? I don't consider yahoo a search engine anymore. I only go there for news, movie reviews and other pop culture things. If I want to know the timing sequence of a jeep 258 straight six, I use google. So, yes, I think it's fair to not call yahoo a search engine.


Yahoo is a portal.  It's the top portal.  Most visited email and sports sites on the net(and Yahoo Sports truly is the superior sports website).  One of the most popular home pages.  Good financial coverage.  Basically, it does a lot of things that Google doesn't do(their own content) and that MSN does alright doing.
 
2013-03-08 09:56:54 PM

Generation_D: I work from home 100% of the time, income very good, last two years and counting.

My employer's not circling the drain either.


You forgot to list the web address!

/i keed
//also self-employed
///love the commute
 
2013-03-08 09:58:57 PM
dustman81: Funny how two companies that are circling the drain are canceling their telecommuting projects.

Speaking of drain, people are draining the coffers.

// saw the headline, thought she was getting ousted.

// Scott Thompson got the boot after four months for resume padding. IIRC he didn't get severance, but he got to keep his signing bonus (which was meant to be the equivalent of the stock that he gave up when leaving e-bay).
 
2013-03-08 10:01:43 PM
This image released by NBC shows Yahoo CEO Marissa Mayer appearing on NBC News' "Today" show, Wednesday, Feb. 20, 2013 in New York to introduce the website's redesign.
===========================++======================

The website looks like crap now.

/Fark you.
 
2013-03-08 10:16:30 PM

wildcardjack: I hope there's a clawback clause in her contract...

Unless the whole "everyone back in the office" rouse is so they can play musical chairs, and if you can't find one to work at you're asked to go find a different job. It's also going to toss a bunch of people on their ears because they've taken the delocation opportunity and moved someplace cheap.


This.

My husband is one of the unlucky Yahoos who's getting tossed on his ears - we live in the midwest (he's been with the company over five years - we moved from San Jose a few years ago largely because of the cost of living, and the fact that we can afford to have a 5 acre "yard", complete with a forest.  You don't get that in silicon valley.

He *could* work out of an office about four hours away - but there is currently no space there.  So, it's looking like he'll be headed back to California.  We're not uprooting the kids - me and our daughters will remain here, while he goes and works in a farking office 2,000 miles away.

The kicker?  He works 12-14 hours per day, and even logs in to work on his days off.  He is constantly in front of the computer working his @$$ off for that company.  She's batshiat insane if she thinks he's going to put in those same hours working in a physical office.  He'll go in for his 8 a day, and get the fark out of there like everyone else.

Fark her and the horse she rode in on.  Every time I see her smug face I just want to punch it.
 
2013-03-08 10:20:00 PM

Marcus Aurelius: Generation_D: I work from home 100% of the time, income very good, last two years and counting.

My employer's not circling the drain either.

You forgot to list the web address!

/i keed
//also self-employed
///love the commute


Last 7 years and counting. Got so big a year ago I had to move out of my home shop into a "real" shop (3125 sq-ft) in an industrial area of town. Two full time employees plus three more part time. The commute is 40 minutes...by bicycle.
 
2013-03-08 10:25:12 PM

jake3988: This image released by NBC shows Yahoo CEO Marissa Mayer appearing on NBC News' "Today" show, Wednesday, Feb. 20, 2013 in New York to introduce the website's redesign.
===========================++======================

The website looks like crap now.

/Fark you.


THIS
What a clusterfark that whole thing has become.  Her smiling, condescending attitude towards anyone who disagrees with her 'vision' is irritating as hell.  The new email page is ridiculously amateurish.  The news articles appear to be chosen by a sorority at some small college in the midwest and why is Chris Chase still writing?   I'm guessing as soon as she figures out what the Fantasy Sports section is, that will go to crap too.  Man, I hope that doesn't happen.
 
2013-03-08 10:26:55 PM

Doom On You: wildcardjack: I hope there's a clawback clause in her contract...

Unless the whole "everyone back in the office" rouse is so they can play musical chairs, and if you can't find one to work at you're asked to go find a different job. It's also going to toss a bunch of people on their ears because they've taken the delocation opportunity and moved someplace cheap.

This.

My husband is one of the unlucky Yahoos who's getting tossed on his ears - we live in the midwest (he's been with the company over five years - we moved from San Jose a few years ago largely because of the cost of living, and the fact that we can afford to have a 5 acre "yard", complete with a forest.  You don't get that in silicon valley.

He *could* work out of an office about four hours away - but there is currently no space there.  So, it's looking like he'll be headed back to California.  We're not uprooting the kids - me and our daughters will remain here, while he goes and works in a farking office 2,000 miles away.

The kicker?  He works 12-14 hours per day, and even logs in to work on his days off.  He is constantly in front of the computer working his @$$ off for that company.  She's batshiat insane if she thinks he's going to put in those same hours working in a physical office.  He'll go in for his 8 a day, and get the fark out of there like everyone else.

Fark her and the horse she rode in on.  Every time I see her smug face I just want to punch it.


This is why I made sure I moved near a major metro area when I went to work from home permanently.  Even if I lost my job at least I was sane driving distance from a job center.
 
2013-03-08 10:31:20 PM

Farty McPooPants: jake3988: This image released by NBC shows Yahoo CEO Marissa Mayer appearing on NBC News' "Today" show, Wednesday, Feb. 20, 2013 in New York to introduce the website's redesign.
===========================++======================

The website looks like crap now.

/Fark you.

THIS
What a clusterfark that whole thing has become.  Her smiling, condescending attitude towards anyone who disagrees with her 'vision' is irritating as hell.  The new email page is ridiculously amateurish.  The news articles appear to be chosen by a sorority at some small college in the midwest and why is Chris Chase still writing?   I'm guessing as soon as she figures out what the Fantasy Sports section is, that will go to crap too.  Man, I hope that doesn't happen.


The actual goal of her antics as people have pointed out is to get a layoff going without it looking to wall street like a layoff. Or to have to pay out any benefits. You see wall street's reaction, yahoo's stock's way up. They recognize the value of a hot babe in charge who's going to screw the company.

// Or the stockbrokers all imagine she's screwing people for their personal benefit
 
2013-03-08 10:33:27 PM
She really didn't set a good example when she recently came back to work two weeks after giving birth.  How is the average Yahoo supposed to justify a standard six-week maternity leave now?
 
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