New Yahoo Chief Begins Transformation...with Free Lunches?

Published by: Ronnie on 30th Jul 2012 | View all blogs by Ronnie

New Yahoo Chief Begins Transformation...with Free Lunches?

New Yahoo CEO Marissa Mayer has begun the likely difficult task of returning the former search giant to a state of health. Mayer's first order of business, ironically, looks a little like turning Yahoo into Google, in an attempt to lure more talent to the Sunnyvale, California tech power. Mayer has instituted a new, weekly all-hands-on-deck meeting for Yahoo staff and has ordered the company's campus cafe, URLs, to stop charging for food, a move that many Silicon Valley companies, not just Google, have done. Even Facebook and Twiiter offer free meals for staffers.

The new free meal program at Yahoo is not likely to make a significant difference immediately, but it may prevent some of the company's talented engineers from leaving for other companies that already offer such amenities. It's all part of a move by Mayer to make up ground lost to other big names in tech in recent years, and try to make Yahoo relevant again. In addition to the weekly meetings and free meals, Mayer is also working on “major changes” to the workplace to make Yahoo's campus feel as state-of-the-art and cutting edge as those of its biggest competitors. There are also rumors that Mayer is working on several major acquisitions that may be announced in the coming days, though Yahoo declined to comment.

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