Thursday, January 16, 2014

Portuguese Yahoo! Fired 30 million - News Journal

Henrique de Castro, the portugus executive hired by Yahoo! in 2012 to become director of operations, enmero two from now, will leave the tecnolgica due to poor results. “Wall Street Journal” estimated redundancy package worth about 30 million euros.

photo Youtube
Portugus Yahoo ! dismissed with 30 million
Portugus went to Yahoo! in 2012

According to the news broadcast by the international media, the relationship between the portugusea CEO of Yahoo! was delapidou very rapidly in recent times and the dismissal surprised analysts.

Citing company sources, the “Wall Street Journal” reports that were common disputes between Marissa Mayer and Henry Castro. The portugus was the vice president of the company and had the responsibility to grow advertising revenues Yahoo!, smooth main source of inflow of cash in the company. But the strategies Henrique de Castro convinced the advertisers spend to invest more in the portal.

discussions between Mayer and Henrique de Castro began in the first few months, says the “Wall Street Journal,” but the CEO decided to dismiss the executive immediately, “in part because the company paid too much money to hire “says a source as saying.

The same newspaper reports that Marissa Mayer was pressured by shareholders to dismiss the Portuguese, who have failed the primary purpose for which it was hired:. ensure revenue growth

“Wall Street Journal” estimates the value of actions that Henrique de Castro is the company that est part of the package of dismissal, added indemnizao to go get, hovering around 30 million euros.

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