by Christopher Freeburn | February 25, 2013 11:10 am
Yahoo‘s (NASDAQ:YHOO) has told employees who work from home that they won’t be doing so come June.
On Friday, the struggling Internet pioneer informed hundreds of employees who “telecommute” — that is, work from home — that they will have to begin reporting to Yahoo offices for work, or leave the company. The move is the latest part of new CEO Marissa Mayer’s bid to reorganize the company, DailyTech notes.
In its announcement, Yahoo says that remote employees don’t work as efficiently and that communication and collaboration suffer without daily office interaction. The company noted that the company wanted its workforce to become “one Yahoo” and that could only be accomplished if its staff worked in common offices.
Predictably, Yahoo’s remote employees aren’t happy with the change. Some don’t live near a company office. Others complain that they were hired under the understanding that they could telecommute to work.
Mayer, a former Google (NASDAQ:GOOG) executive took the reins at Yahoo last year.
Shares of Yahoo fell slightly in Monday morning trading.
Source URL: http://investorplace.com/2013/02/yahoo-ceo-makes-controversial-demand-of-employees/
Short URL: http://invstplc.com/1nw8cUp
Copyright ©2015 InvestorPlace Media, LLC. All rights reserved. 700 Indian Springs Drive, Lancaster, PA 17601.