Yahoo finance chief begins witch hunt to cut costs

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Yahoo’s media unit laid off dozens of employees this spring — but some still aren’t getting the memo about controlling costs.

Financial chief Ken Goldman recently told his team to look for “red flags” on lavish spending, and insiders say that a few suspects were caught red-handed. An executive assistant to Yahoo News Editor-in-Chief Megan Liberman “was recently fired for approving her own unusual personal expenses,” according to one insider.

Liberman, known for running a tight ship, was so incensed at her underling that she “refused to attend the meeting in which [the assistant] was terminated,” the source said. Elsewhere, Yahoo Style Editor-in-Chief Joe Zee’s fiancé, Rob Younkers, has raised eyebrows by frequently joining Zee on Yahoo’s corporate jet to attend far-flung photo shoots. One insider contends that Younkers is flying on the Yahoo dime “for no business reason other than to keep Joe Zee company.”(nypost.com)…[+]

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Apple eyes huge land purchase for self-driving cars to roam

Though Apple’s plan to develop and release an electric car has reportedly hit a few speed bumps over the past few months, the company seemingly has no intention of slowing down its car-oriented R&D anytime soon. According to a new report from the Wall Street Journal, Apple is currently eyeing an 800,000-square-foot […]

Yahoo finance chief begins witch hunt to cut costs

admin

Yahoo’s media unit laid off dozens of employees this spring — but some still aren’t getting the memo about controlling costs.

Financial chief Ken Goldman recently told his team to look for “red flags” on lavish spending, and insiders say that a few suspects were caught red-handed. An executive assistant to Yahoo News Editor-in-Chief Megan Liberman “was recently fired for approving her own unusual personal expenses,” according to one insider.

Liberman, known for running a tight ship, was so incensed at her underling that she “refused to attend the meeting in which [the assistant] was terminated,” the source said. Elsewhere, Yahoo Style Editor-in-Chief Joe Zee’s fiancé, Rob Younkers, has raised eyebrows by frequently joining Zee on Yahoo’s corporate jet to attend far-flung photo shoots. One insider contends that Younkers is flying on the Yahoo dime “for no business reason other than to keep Joe Zee company.”(nypost.com)…[+]

Next Post

Apple eyes huge land purchase for self-driving cars to roam

Though Apple’s plan to develop and release an electric car has reportedly hit a few speed bumps over the past few months, the company seemingly has no intention of slowing down its car-oriented R&D anytime soon. According to a new report from the Wall Street Journal, Apple is currently eyeing an 800,000-square-foot […]