Yahoo Lost One-Third of Its Staff in 2015

Ailing multinational company Yahoo has lost over a third of its workforce over the last twelve months, in a shocking show of no-confidence in current CEO Marissa Mayer, according to a report in the New York Times.

“Basically, it shows employees losing faith in Marissa Mayer and Yahoo,” Scott Dobroski, spokesman for employment rating site Glassdoor, said.

While Mayer has fought hard to retain staff members that have been offered positions at competing companies with lucrative retention packages, the move has had the knock-on effect of causing resentment amongst colleagues who otherwise remained loyal when offered jobs elsewhere. Her strategy having backfired, Mayer is now pursuing mass layoffs, to be announced at the end of this month. Yahoo shareholders are desperate for Mayer to be fired before she can enact this plan.

“Only 34 percent of employees believe that Yahoo’s prospects are improving, according to surveys conducted by Glassdoor, a firm that collects data on jobs and employers,” the New York Times report reads. “That compares with 61 percent who are optimistic at Twitter, another troubled tech company, and 77 percent who see a bright future at Google, Ms. Mayer’s former employer.”

“One Yahoo employee who was interviewed said she was praying to be laid off so she could collect a severance payment and move on with her life,” the report continues. “Others said they were actively looking for their next jobs — a task made more difficult because of the taint of failure that potential employers sometimes associate with anyone at the struggling company.”

“We’re still hiring, and our application numbers are strong,” Yahoo said in a statement. The company refused to comment on staff morale.