Today, Yahoo reported a quarterly loss and falling revenue. The company is a good example of what happens when you fail to innovate and employ sexist employment policies in the workplace.
A couple of months ago, a male employee sued Yahoo in court, citing sexist policies in hiring, promotions, and layoffs. Don't worry, I used an archived link for HuffPost.
Yahoo will go down as a case study in business school about how you run a billion-plus company into the ground. Most of us have seen the article about the female only company that went the way of the dodo due to, well, no work getting accomplished due to petty catfights and office politicking. This is what's happening to Yahoo, but to a much slower extent.
Expect to see the company sold off in the coming year, Meyer terminated, and a cleaning out of the female middle-management that has decimated the company.
The value I think this post provides to TRP:
Reinforces common perceptions here that sexism in favor of men has rarely sunk a company, but the reverse appears not to be true.
Serves as a warning for anybody reading this to avoid investing in or working at Yahoo.
Provides a schadenboner for anybody that dislikes the Sandbergs and Mayers of the world.