Once again, Yahoo could soon be looking for a new Chief Executive Officer (CEO). That is, if an investor (Eric Jackson) has his way. According to him, Marissa Mayer has been lavishly spending money, Yahoo’s money on events which provided no return on investment. Furthermore, her executive team have made questionable acquisitions in recent past. You can read more about it here (assuming you have time, patience, a ton of coffee and actually care about this).
All that aside, here we have a much larger issue at hand. Once again, we see a clear disconnect between the leadership and the rest of the company with respect to reality and allocation of funds. How is it that someone who makes (earns?) dozens of millions of dollars annually can make decisions which will undoubtedly (at the end) negatively impact average employees at Yahoo. We all know, as it has been proven time and time again, that the average employees are the first to be cut (without any golden parachutes by the way) when going gets tough.
As a leader, you must consider your employees (in addition to shareholders) and take decisive actions which will benefit them, not just yourself.