Last week, Mayer all but acknowledged that this effort hadn’t borne fruit, when she announced, in a call to discuss the company’s fourth-quarter earnings for 2015, that it would cut fifteen per cent of its workforce and explore “strategic alternatives”—a phrase that, along with other similar comments, was widely interpreted as a reference to putting Yahoo up for sale.
Why Yahoo Couldn’t Adapt to the Smartphone Era - The New Yorker
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