Friday, 7 October 2016

Yahoo CEO tried to get rid of male employees

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Yahoo (YHOO) CEO Marissa Mayer led a secret campaign to purge the company of male employees, according to a lawsuit filed in San Jose District Court this week.
Scott Ard, a media executive who worked for Yahoo for about three and a half years until he was fired in January 2015, alleges in the lawsuit that "Mayer encouraged and fostered the use of [an employee performance-rating system] to accommodate management's subjective biases and personal opinions, to the detriment of Yahoo's male employees."
The complaint said quarterly performance reviews were implemented by Mayer in August 2012, shortly after becoming president and CEO of the company. Managers would assign each of their employees a quarterly rating on a scale of 0-5, based on their performance.
The lawsuit argues that during a second step of the QPR process, called "calibration," higher-level management would modify employee ratings, despite having little to no actual contact with the employee. The suit further alleges that employees were never told their actual numeric rating, or how it had been determined.
Yahoo spokesperson Carolyn Clark told CNBC that Yahoo couldn't comment on pending litigation, but said, "fairness is a guiding principal of [the company's] annual review and reward process."
Two other executives, Kathy Savitt, Yahoo's chief marketing officer at the time, and Megan Liberman, current editor-in-chief of Yahoo News (identified as vice president of news for Yahoo at the time), are identified in the lawsuit.
Ard alleges that of the approximately 16 senior-level editorial employees hired or promoted by Savitt in about an 18-month period, 14 of them were female. He also alleges that Savitt has publicly expressed support for increasing the number of women in media and has intentionally hired and promoted women, while firing and demoting men because of their gender.
The suit also alleges that in November 2014, Liberman applied the QPR and subsequently terminated Gregory Anderson, while he was on approved leave for the prestigious Knight-Wallace fellowship at the University of Michigan. At the time, Anderson reported directly to Ard. However, in the lawsuit, he claims he had no knowledge of his termination until Liberman told him immediately before she fired Anderson.
Anderson filed a lawsuit against Yahoo in February 2016, alleging he was fired because of his gender. His attorney, Jon Parsons, declined to comment.
Parsons also represents Scott Ard, making this the second case he has filed against Yahoo, alleging his male client was fired because of his gender.

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