Sunday, September 25, 2011

Yahoo! up for sale?

Over the weekend a little email from one of the founders of Yahoo!, Jerry Yang, got leaked by Business Insider, in which Yang suggests that the company may be up for sale as a whole, or in parts for the right price.

“Our advisers are working with us to develop ideas that we will pursue proactively.  At the same time, they are fielding inquiries from multiple parties that have already expressed interest in a number of potential options. We will take the time we need to select and structure the best approach for the company, its shareholders and employees.”

The above email was soon followed up by the interim CEO, Tim Morse, who probably wanted to quell any anxious employees, as reported by All Things D.

“We need a flexible, visionary plan. That’s why the Board is actively looking at all the options available to put Yahoo! on a strong trajectory,” Morse wrote.

Going through the memos it is clear that the company is trying hard to build up its old reputation, not just in front of their customers, but also to raise the morale of employees by reassuring them that they are headed in the right direction.

Time will tell.

About Taimoor Hafeez

From auditing to editing, I now test and analyze the latest gadgets and games instead of the latest financial statements. Both jobs are equally intense and rewarding. In my free time you'll find me raiding in WoW or engineering in TF2.

Comments

Artikel yang Berkaitan

0 komentar:

Post a Comment