Tag archive: Carol Bartz

Former Yahoo CEO Carol Bartz’s position as boardmember was incredibly short-lived. After less than a week in her new role with the company, Bartz has resigned and cut her ties with Yahoo, a business she’s had more than a few criticisms of since her initial departure. And in the midst of Bartz’s parting moments with Yahoo is new fire to the AOL merger or acquisition rumors. Yes, those same ones that have stalked both companies for some four… Read More

Carol Bartz was, by all accounts, rather surprised to be told in a phone call on Tuesday that her services were no longer required by online media company Yahoo. “I am very sad to tell you that I’ve just been fired over the phone by Yahoo’s Chairman of the Board,” the former CEO wrote in an email to employees. If CNN’s calculations are correct, her sadness should be eased somewhat by a generous severance package comprising millions of dollars.… Read More

According to AllThingsD, Carol Bartz has announced her departure from Yahoo. At the start of today she was the company’s CEO. Not anymore. AllThingsD managed to get hold of an email from Bartz, sent to Yahoo staff, in which she said she had been fired. She wrote: “I am very sad to tell you that I’ve just been fired over the phone by Yahoo’s Chairman of the Board. It has been my pleasure to work with all of you and I wish you only the best going… Read More

Yahoo’s board has made the decision fire Carol Bartz as the company's CEO. Tim Morse, Yahoo’s CFO, has been named the interim CEO while the company searches for a new permanent CEO. This rumor came from AllThingsD and has since been confirmed by Yahoo and Bartz, but the company did not add any details surrounding the reasons behind the move. Bartz was named CEO in January of 2009, and since that time there hasn’t been any real improvement… Read More

Backed up by Yahoo's chief financial officer and co-founder Jerry Yang, Yahoo CEO Carol Bartz assured investors the company will be “appropriately compensated” for Alibaba spinning off online payments outfit Alipay into a separate entity controlled by Alibaba chairman Jack Ma, effectively taking one of the prize jewels away from Yahoo's 43 percent stake in China's Alibaba Group. Yahoo's stock price has… Read More

Prior to its earnings call, Yahoo confirmed it will be laying off 1 percent of its global staff. In comparison to the recent round of massive staff slashing Yahoo employees have been subjected to, 1 percent is nothing. Still, it isn't a good indication that the company is successfully keep its head above water. It's likely that 100 to 150 jobs will be lost to the cuts. In a statement published by CNBC, Yahoo explained: “The… Read More

Yahoo has refused to comment, but multiple reports are claiming Yahoo is on the verge of laying off 600 to 700 employees. If true, the cutbacks would eliminate between four and five percent of Yahoo's total remaining workforce, which totaled a bit over 14,000 employees at the end of September. The Wall Street Journal's All Things D reports the layoffs could come as soon as today and will mostly impact U.S. employees in the… Read More

In a predictable turn of events, Apple, Google, and Facebook dominated tech headlines yesterday, overshadowing the fairly momentous opening day of the Web 2.0 Summit. Web 2.0 Summit in San Francisco runs through November 17, and we’ve picked out some of the more intriguing moments from yesterday. Here’s a look at what you missed while you were busy downloading the Beatles anthology. Zuckerberg takes the stage Facebook CEO Mark… Read More

Internet giant Yahoo is doing a bit of damage control, following reports citing anonymous sources that claimed the company was getting ready to lay off as much as 20 percent of its workforce in a move to improve its revenue profile. In a statement, Yahoo characterized the report as “misleading and inaccurate,” but stopped short of saying it's not going to be making any layoffs. Instead, Yahoo said it is “evaluating… Read More

Struggling Internet portal Yahoo is going to have to hope it can pull off a turnaround without some of its most experienced help: the company is losing three top executives in charge of some of the companies central and highly-visible operations. The exodus is casting doubt on Yahoo CEO's Carol Bartz' ability to turn the once-dominant Internet portal around into a dominant Internet company—particularly now that Yahoo's… Read More

Carol Bartz spent much of her first year as Yahoo Inc.'s chief executive rallying the troops and clearing the decks, often sounding like a salty drill sergeant as she vowed to whip the downtrodden Internet company back into shape. For all the tough talk, Yahoo remains on shaky ground as Bartz marks her one-year anniversary as CEO on Wednesday. Revenue has sagged even further since her hiring while Yahoo's share of the Internet… Read More

Now the search deal between Microsoft and Yahoo has been signed, the fallout begins. In a conference call that also featured Yahoo head Carol Bartz, Microsoft chief executive Steve Ballmer warned that Google is likely to try and block the partnership as the deal is scrutinized by lawmakers. He said: "We suspect we will face opposition from the competitor [Google]. The case of us coming together will provide more competition, not… Read More

It’s been well over a week since reports came out that Microsoft and Yahoo were very close to a search deal. Since then there’s been very little said. But now the companies have announced that the deal is done and signed, ending more than a year an a half of on-again, off-again dancing. It’s set to last for 10 years, Microsoft head Steve Ballmer said: "Through this agreement with Yahoo, we will create more… Read More

Even as it’s in talks for Microsoft to buy its search advertising business, Yahoo revealed yesterday that its revenue was search ads had dropped by 15% in the most recent business quarter. That was higher than the 14% fall in the company’s display ad revenue. But company head Carol Bartz was quick to dismiss any notions that Yahoo had lost ground in search, saying that “our search volume is holding fine,” and… Read More

Yahoo has come out with its figures for the first quarter of 2009, and although the drop-off in advertising has taken its toll, the numbers aren’t as bad as many imagined. Revenue dropped 13% to $1.58 billion, but if allowances are made for fluctuations in exchange rates, that drops to 8%. The company also blamed other factors, namely the sale of Kelkoo, along with lower fees from other sources, including VoIP and music… Read More