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  "documentTitle": "Yahoo! Inc. (YHOO)",
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  "authorName": "SpringOwl Asset Management LLC",
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  "presentationDate": "2015-12-01 00:00:00",
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  "notes": "Uses a direct quote from the CEO to highlight a contradiction between management's narrative and internal reality.",
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      "text": "This is virtually unprecedented in the history of business and speaks to how poorly Mayer’s leadership must be perceived internally",
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      "text": "TheInformation: 15% of Yahoo’s top performers this year have quit of their own volition. These aren't the bottom performers leaving as a result of stack-ranking. These are the best and brightest at Yahoo voluntarily quitting.",
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      "text": "attrition rate: 15%",
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      "text": "If Mayer wants to be measured on people, products, traffic, and revenue, she has failed miserably on all 4 over her nearly 4 years",
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      "text": "I'd like to now speak about our Q3 results in the context of the key drivers of our business: people, products, traffic, and revenue... We will continue to be disciplined on our head count and our thoughtful work on this area has helped appreciably on expenses. – Mayer on Q315 Earnings Call",
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      "text": "I'd like to now speak about our Q3 results in the context of the key drivers of our business: people, products, traffic, and revenue. Starting with people, we ended the quarter with 10,700 full-time employees and just under 800 contractors, bringing our overall head count down 14% year over year and down 32% over the current management's tenure. We will continue to be disciplined on our head count and our thoughtful work on this area has helped appreciably on expenses. — Mayer on Q315 Earnings Call",
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      "text": "Source: 1. https://www.theinformation.com/whats-left-at-yahoo",
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      "kind": "title",
      "text": "According to One Report, 15% of Yahoo’s Top Performers Quit in 2015",
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