Yahoo! Inc. (YHOO) Adheres To The New Telecommuting Policy

Yahoo! Inc. (YHOO) Adheres To The New Telecommuting Policy
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Yahoo! Inc. (NASDAQ:YHOO) does not seem in a mood to apologize for its anti-telecommuting policy whereby company employees are not allowed to work remotely, on the grounds that “speed and quality are often sacrificed” by those who work from home.

Yahoo! Inc. (YHOO) Adheres To The New Telecommuting Policy

Earlier this year, an internal memo was sent to the company by CEO Marissa Mayer which clearly stated the official new ruling about relocating to company facilities.

Mohnish Pabrai On Uber Cannibals And Henry Singleton

At the end of October, the value investor Mohnish Pabrai gave a presentation and took part in a Q&A session at Boston College and Harvard Business School on the Uber Cannibal Investor Framework, which he has developed over the past decade. Uber Cannibals are the businesses “eating themselves by buying back their stock,” the value Read More

“Our engineers would not put up with that,” said one tech executive at Yahoo! Inc. (NASDAQ:YHOO). “So, we’d never focus on it.”

Yahoo Employees ‘Understand the Mission’ (Or Else?)

In light of  this reaction, Yahoo Chief Executive Jackie Reses spoke on Monday at the DLDwomen conference in Munich, Germany about Yahoo’s mission to revolutionize the company, AllThingsD reported in a news today.

“I think, within Yahoo! Inc. (NASDAQ:YHOO), our employee base understands what the mission is,” Reses said.

According to Reses, most of the criticism on the new mandate came not from inside the company but mostly from those outside Yahoo! Inc. (NASDAQ:YHOO).

Yahoo Criticized by Other Company Employees

Reses indicated that the new ruling has started to benefit some of the former telecommuters that earlier worked remotely for the company.

However, one of the conference presenters—Jaleh Bisharat, a former Amazon employee—narrated her story and claimed that the reason behind leaving her job at, Inc. (NASDAQ:AMZN) was her inability to be at the office enough to match pace with her co-workers, or to be at home to support her family in the way she wished to. But now, she added, workers are allowed to contribute at any time and from anywhere they choose to remotely work from.

“Work is no longer a place,” Bisharat said.

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