Coming from Google, Yahoo’s new chief executive officer, Marissa Mayer, is reportedly making a ton of changes to the company. According to the Wall Street Journal, Mayer is instituting many Google beliefs into the company. The biggest change is an encouraged focus on product, as she is talking to product executives about how the company can stop the decline in users across the board, and the biggest product change may be a revamped search engine. The folks in Mountain View have dominated that market for quite sometime, though. To further encourage her product philosophy, the new executive ordered the stock ticker be removed from the homepage of Yahoo’s back-end. She wants her employees to focus and not be caught up in the finances.
Other small changes include free lunches at Yahoo, which is a practice that has been instated at Google for a while, and an all-hands-on meeting on Friday afternoons. Mayer is rumored to get $100 million in compensation over the next five years for her work at Yahoo. You can check out the full report for all the details. [WSJ]