Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Yahoo CEO Says Report-to-Work Policy Was Well Received

May 8 (Bloomberg) -- Yahoo! Inc. Chief Executive Officer Marissa Mayer said a policy change barring employees from working at home has been well received internally and helped the company step up its introduction of new applications.

“I didn’t mean for it to become an industry narrative,” Mayer said yesterday at a conference sponsored by Wired magazine. “We were just saying, it’s not right for us right now. Everyone at Yahoo works in teams. I heard from a lot of people all around the company that the fact that our team is distributed causes drag.”

As Mayer nears her first anniversary as CEO, Yahoo has ramped up its output of new Web services and apps for mobile devices. The introduction in recent months of programs for e-mail, weather and news was made possible by what she calls the “Reese’s peanut butter effect” of helping people from different disciplines collaborate to create cool new things.

“That only happens when people come together,” Mayer said at the conference.

Mayer stirred controversy in February when the company ordered employees who work from home to begin reporting to offices. While the directive was aimed at fostering collaboration and boosting the speed and quality of task completion, it sparked concern that Yahoo doesn’t place a premium on work-life balance or flexible work arrangements.

Google Glass

Alluding to possible products on the horizon for Yahoo, Mayer said the company’s developers are testing out Google Inc.’s wearable computer, Google Glass, to see how services might work with the device.

The technology behind Summly, the news-summarization service founded by a 17-year-old entrepreneur and purchased by Yahoo in March, will be used in more mobile apps to simplify text-based content, Mayer said.

As for Nick D’Aloisio, who became a millionaire after selling Summly to Yahoo, Mayer doesn’t expect him to stay at the company for long.

“He’s got to go to college,” Mayer said. “Maybe we’ll get him back afterward and he’ll be a summer intern, but he’s got to go to college.”

To contact the reporter on this story: Douglas MacMillan in San Francisco at dmacmillan3@bloomberg.net

To contact the editor responsible for this story: Tom Giles at tgiles5@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.