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What will Yahoo cut next?

October 21, 2015

Via: itCurated
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As Yahoo Inc. prepares to spin out the its last of its Alibaba Group Holding Ltd. stock and focus on the lackluster financial results of its core business, it is also preparing investors and employees for yet another round of product closures and potentially layoffs.

CEO Marissa Mayer is apparently ready to cut even more, despite reducing staff 14% in the past year and continuously cutting products over the past two years. As she prepared investors for “continued revenue headwinds” in Yahoo’s core business Tuesday, Mayer said Yahoo has a “unique moment and opportunity as we move into 2016 to narrow our strategy and focus on fewer products with higher quality to achieve better growth and better results.”

Obviously, the company could make some smarter decisions on its investments, as evidenced by the $42 million write-down it announced on some of its original programming efforts, such as the television series “Community” and “Sin City Saints.” But neither Mayer nor Chief Financial Officer Kenneth Goldman gave any clues as to what businesses or products they are examining, which will start a speculation game within the company and on Wall Street, among the investors who still care.