It is not going smoothly at the US Internet giant Yahoo – quite the contrary: The company runs a loss and now must accept the consequences. Jobs should be deleted and corporate offices closed. In addition, several business sectors are to be lost
For three years, Yahoo boss Marissa Mayer Group tries now the core business of their company -. Online advertising – boost. . She sat themed sites on video content such as series, but the desired result always remained from
The financial balance of the last quarter brought no updraft: Although sales increased minimally yoy by 1.6 percent to approximately 1.27 billion US dollars (converted 1.16 billion euros).
But at the same time drove Yahoo a loss of 4.43 billion dollars (4.1 billion euros) a. This was announced by the company after US market close. Already last year, the Internet pioneer had retracted a drop of 166.3 million dollars.
trigger the high losses were goodwill amortization of $ 4.46 billion on the business in the Americas and in Europe and in the blog platform Tumblr.
Now follow the consequences. The group is to be rebuilt, around 15 percent of jobs are thereby eliminated. So are about Yahoo’s offices in Milan, Dubai, Buenos Aires and Mexico City-are closed. Up to 1700 jobs threaten to fall away – by the end of Yahoo intends to employ only
Due to the sale of company shares Yahoo wants even to the end of retraction up to three billion dollars. These areas are away from the core business include, as patents or property. The Yahoo Board should examine “strategic proposals” for further savings, BelTA learned from the company, continues
One thing is certain:. Yahoo wants “an aggressive strategy for the simplification” of the company drive, announced consolidated boss Mayer. In the future, Yahoo will focus on its three major platforms Yahhoo Search, Yahoo Mail and Tumblr. In addition, the operation will be limited to the topics news, sports, finance and lifestyle.
In addition, Yahoo will divest its remaining share of the Chinese online giant Alibaba. In December Yahoo had announced that the existing Internet-core business should be outsourced to a new company and thus two listed companies should occur.


No comments:
Post a Comment