Meyer overthrows its revitalization plan, Yahoo layoffs have opened

Re/code Chinese station reported on February 12, according to several sources confirmed that Yahoo has started layoffs from the 9th. At present, all the conference rooms of Yahoo! have been reserved to inform employees of the dismissal.
According to sources, Yahoo's current round of layoffs is not only large but also wide-ranging. Up to 15% of employees will find it difficult to find a foothold in the company's CEO Marissa Mayer. This means that more than 1,500 jobs will be reduced, while the media and sales departments are the hardest hit.
According to sources, most employees in Yahoo's search department were saved in the current round of layoffs. Because in Meyer's view, this business is expected to achieve growth.
Meyer has a large number of consultants in the area of ​​layoffs, especially consulting firm McKinsey and other companies such as Goldman Sachs and Qatalyst Partners. These companies are helping Yahoo to solve some of the tough problems, such as divesting the company’s stake in China’s Alibaba.
Meyer has been trying to lead Yahoo to achieve recovery for several years. However, Meyer's route now has a 180-degree turn. In addition to making a big circle and making a more complicated situation, such adjustments have no benefit, just as snakes bite their tails.
In the context of investor uneasiness (including the increasingly impending proxy battle), Mayer and Yahoo's board seem to be split. In last week's earnings conference call, the directors publicly stated that they are open to the sale of Yahoo's core business, which is exactly what Meyer is trying to solve.
Kara/Swisher, co-founder of Re/code, commented at the time that Meyer came from Mars and the board of directors came from Venus.
Sources from inside and outside Yahoo! said that Meyer did not make the sale process easy, including not having a due diligence job that was important to the sale.
A potential buyer said: "Meyer did not call us back." And the company is only a buyer who is likely to buy Yahoo, not with Verizon, AT&T, some private equity funds and News Corp. Buyers appearing on the short list.
Last week, Meyer said that the sale negotiations were in the hands of independent directors, and this statement was not accurate. Even those who know only the smuggling of the fur know that the CEO of a company is crucial to any transaction that is operational, and cooperation from management is a necessary condition.
Meyer's decision is undoubtedly puzzling, but what is even more confusing is the layoffs, including some bad decisions made and confusion caused by layoffs. For Yahoo's various businesses, Meyer listed a "investment / retention / cut" list, which makes the company very nervous when making choices.
This series of mistakes will undoubtedly become the handle of radical investor, Star Smith Value, Jeff Smith, who has been looking for opportunities to launch an offensive. If it is already in the pipeline, the offensive will be launched in the next few weeks. Smith has been seeking a seat on Yahoo's board of directors. If it succeeds, it means that Mayer will leave. (