Barclays internet analyst Doug Anmuth predicts that "the huge management tumult" at Yahoo isn't likely to hurt the company's stock, notes
paidContent's David Kaplan.
"But he, and several Yahoo Newspaper Consortium partners I spoke to, say that while things may remain stable in the short term, there
are increasing worries about what happens over time, as it's becoming increasingly difficult for Yahoo to attract top talent," Kaplan added.
Noting that Yahoo's shares have barely
moved since Bartz's arrival, MediaBeat asks: "Is Bartz Yahoo's ultimate under-performer?"
"The Yahoo CEO has another 18 months on her contract," adds MediaBeat. "But if
she's not able to swiftly replace Schneider and other defectors with executives who give Wall Street confidence, the board could well move to cut things short."
Schneider is expected to stay on until Yahoo can find a suitable replacement.
You can't have it both ways - everybody complaining Yahoo! is underperforming, too slow to respond and massive layers while at the same time it's a crisis when senior managers leave the company. These are the same managers that own the underperformance. Be part of the solution or move along.
If Yahoo's been top heavy, they've been needing to shed those who make $200K per year. Nothing in the article discusses how important they were and whether their innovative activity was stifled.