Yahoo’s Media Ambitions Sink Despite Pricey Hiring Spree

Vanity Fair: Yahoo’s offices have become a grim place of late. In February, CEO Marissa Mayer announced that the company would shed 15 percent of its staff as it explores a sale of its core business. This human “streamlining” has been particularly brutal for morale at Yahoo’s extensive media holdings. In the company’s newsroom, there are now so many empty desks that remaining employees have “corralled everyone together so it didn’t feel so lonely,” one staffer said.