This has to be equivalent to letting inmates out of jail due to a clerical error. Yahoo! CEO Marissa Mayer, 40, mistakenly tells management to terminate two and a half dozen of their low performing employees. While they ranked at the bottom of the scale, it wasn’t the company exec’s intent to give them their walking papers. A snitch tells the New York Post, “They put people on firing lists who they didn’t mean to — people who were lower on the performance scale but who weren’t meant to get fired.”
The supervisors of the 30 employees who were laid off in error weren’t pleased with the screw up. A Yahoo! spokeswoman is denying the claim: “There is zero truth to this rumor.”
Mayer insisted the company would not be conducting any layoffs this week. The nameless insider says employee morale is extremely low and the board of directors is under fire. A key Yahoo! investor is demanding a management team overhaul.
SpringOwl, a sizeable Yahoo! investor, demanded the company cut more than 80 percent of its workforce and replace Mayer, once deemed a Silicon Valley star.
