The French Resistance to Yahoo's Cost-Cutting CEO
Carol Bartz's lacerating eccentricity may captivate Silicon Valley, where she's cutting costs left and right. Not so in Europe: When Yahoo tried to shut down operations in France, workers made this surreal, defiant video. And went on strike, naturally.
Their point: Yahoo made about 1 million euros per worker from Yahoo France alone last year, and used to hype how "it's important to have [locally] concentrated engineering activities... to innovate" in France, where it would base "one of [its] most important centers in Europe." Yahoo France's engineers will now stop working until Yahoo agrees that they shouldn't have to stop working. At least they're fact checking the internet company's hype along the way.