It seems that the time Marissa Mayer, the CEO of Yahoo, has spent at the head of the company is coming to an end.
Over 120 senior Yahoo executives expressed great concern about the current state of the company at a recent meeting held at the Park Central Hotel in San Francisco, Forbes reports. The dramatic decline in trust in the company’s leadership expressed by Yahoo employees, the drop in morale, and the emergence of cliques at the top of the company are the main reasons that have raised the alarm.
And as we know, when things start to go downhill, it is easier to change one person than to reform the entire system. Vice presidents, as anonymous sources say, addressed their superiors " , "from a high position" during the two-day meeting, accusing them of being uninterested, not listening to advice, and refusing any innovations and changes.
– It was the most uncomfortable business meeting I have ever attended – admitted one of the attendees.
Three years after Mayer took the helm of Yahoo, there is still no sign of improvement. Not only has the dominance of Google and Facebook continued, but newer players like Instagram, Snapchat, and Twitter have also taken a share of the market.
