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Jun 21, 2013, 2:49pm PDT Updated: Jun 21, 2013, 4:26pm PDT

Marissa's cut 1,000 Yahoos in first year as CEO

Peter Foley

Marissa Mayer, Yahoo's CEO, said she has cut 1,000 positions in her year with the company.

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Cromwell Schubarth: Senior Technology Reporter- Silicon Valley Business Journal; Email | Twitter | Google+

Yahoo CEO Marissa Mayer says she has cut 1,000 jobs at the company in her first year, and mentioned that there are 10 times that number of new job applications pouring in every week.
Mayer told Reuters that the cuts have come through a combination of attrition and new quarterly performance management reviews, replacing previous annual reviews at the Sunnyvale-based Web giant.
There were 15,000 full-time employees and 3,000 part-timers when Mayer took over last July. As of its most recent filing with the Securities and Exchange Commission, the company had 11,300 full-time employees.
Her highest profile work force move was to end work-at-home positions, but it isn't clear how many of the job cuts resulted from that.
Her moves don't seem to be hurting her image within Yahoo or of the company among prospective employees. Mayer told Reuters that the 10,000 job applications a week that the company is seeing is double what was coming in last year.
Not only are people rushing to work there, Mayer's current employees seem to like what she's been doing. Mayer is sporting an 85 percent approval rating from current employees on the Glassdoor.com website.

Rate how Marissa Mayer has been doing as CEO of Yahoo:

This survey is not a scientific sampling, but offers a quick view of what readers are thinking.

Cromwell Schubarth is the Senior Technology Reporter at the Business Journal. His phone number is 408.299.1823.

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