(Reporting by Esha Dey in Bangalore, additional reporting by Natalie Grover; Editing by Saumyadeb Chakrabarty)
So that means Yahoo Finance is outsourcing financial reporting to India now. Great job Marissa Mayer. What corporate leadership and creative thinking! Way to create "value!"
Maybe instead you should look for people who actually know what the f**k they're talking about and replace those talking head clowns that host Breakout and The Daily Ticker.
7 comments:
Marissa Mayer, supposed Silicon Valley "genius" now head of Yahoo. No new ideas. So bring her over, pay her millions $$ so she can cut costs in the crudest fashion like all the other CEOs in America--lay people off. Wow, what a genius.
I've always said that economists will not admit that free trade is a bad thing until the jobs of economists are outsourced, too.
How much longer until college econ classes are replaced with online classes hosted by some guy in India? And all those US econ professors will be delivering pizzas?
Then maybe they'll understand how US manufacturing workers feel.
Marissa Meyer already outsourced corporate leadership to Wall St. :(
With all the focus on women's wardrobe functions & malfunctions, their intellectual malfunctions get overlooked.
We need to rethink economics from the ground up and also the concept of employment. We are still using 17th and 18th century thinking about this. That means revisiting the basic assumptions of capitalism. These issues is not fixable by tinkering around the edges.
The obvious outcome of neoliberalism is a tiny transnational elite owning everything and workers of the world being driven by a race to the bottom.
This can only end badly.
Mayer or whomever that takes over the reigns have NO new ideas, ever.
No different than Chainsaw, Al Dunlap or Eddie Lampert, who confuse blind luck with a winning strategy.
Cutting labor costs is a kindergarten strategy and it should be viewed in this light.
A 12 year old (beyond the age of reason) with a key to executive restroom could replace Mayer and no one would notice, until the annual meeting.
I take it they wont ask Ramanan to contribute... ;)
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