One hedge fund's plan to fix Yahoo: Fire 9,000 – and Marissa Mayer too (money.cnn.com)

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When the CEO of a billion dollar company was appointed for publicity reasons, a home-run to the bottom is not a stretch.

Lack of focus is ultimately going to render yahoo's demise. Their cluttered homepage tells it all.

"- End employee perks, such as free food, which cost the company $450 million over the past four years."

...thus driving off the remaining talent.