No, they had 4.6b in revenue. Their operating income was 146m for 2014... (which is a big drop from the 590m in 2013, and 565m in 2012).
Re edit: I see you edited the profit number to 7b. This number includes 10b in one-time asset sales during 2014. (EDIT: sold 10b of Alibaba stake [0]). For Yahoo's sake, I hope Marissa's plan isn't to sell off Yahoo 10b at a time to boost net profits.
it'd be a travesty if 15k people lost their jobs for a little short term action.
No where have I suggested layoffs. I said Marissa may find herself out of a job if things don't improve. I imagine she has another year or two max (unless things change). That's very different than saying 15k people should be let go.
I hear you, and agree regarding the 10b. My point was simply that supporting 15k jobs and still being in the black has value. I know that you know that.
Would you agree that maximizing shareholder value is not the ultimate ethic?
Also, I never said that you were calling for lay-offs
Would you agree that maximizing shareholder value is not the ultimate ethic?
Yes, I wholeheartedly agree. I simply don't think that (most) investors agree with that, and will seek a change in leadership if the income statement doesn't improve.
No, they had 4.6b in revenue. Their operating income was 146m for 2014... (which is a big drop from the 590m in 2013, and 565m in 2012).
Re edit: I see you edited the profit number to 7b. This number includes 10b in one-time asset sales during 2014. (EDIT: sold 10b of Alibaba stake [0]). For Yahoo's sake, I hope Marissa's plan isn't to sell off Yahoo 10b at a time to boost net profits.
it'd be a travesty if 15k people lost their jobs for a little short term action.
No where have I suggested layoffs. I said Marissa may find herself out of a job if things don't improve. I imagine she has another year or two max (unless things change). That's very different than saying 15k people should be let go.
0. http://dealbook.nytimes.com/2014/09/25/yahoo-faces-moment-of...