Name: What Other Companies Can Learn From Yahoo's Decline
Uploaded: 2016-01-08
Duration: 55 s
Description: Fortune’s Aaron Task and Erin Griffith explain.

[ MUSIC ] Aaron, I wanna ask you about Yahoo !, which announced that it's gonna lay off 10 % of its workforce, about 1, 000 people I think. It's not announced. [ CROSSTALK ] Sorry, correction. That was said. That's said to be in the pipeline. If that happens. That's really more of a Yahoo situation, not necessarily something greater about our economy. Right. I mean, and Yahoo's actually a relatively small company for the amount of attention that we give it in the media. I think we're kind of obsessed with Yahoo because it is one of those iconic early internet companies. It was the first Portal kind of like AOL, everyone has had an interaction with Yahoo at some point along the way. And Marissa Mayer is a really sort of iconic CEO, so we're really interested in what happens here because the internet economy is now 20 years old. Right. It's maturing and so that's kind of like painting a picture of what could happen to Facebook or Google if they don't continue to innovate. [ MUSIC ]

What Other Companies Can Learn From Yahoo's Decline

Fortune’s Aaron Task and Erin Griffith explain.