Lawsuit: Yahoo CEO tried to get rid of male employees
Antonio José Vielma | @AJ_Vielma
1 Hour AgoCNBC.com
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Noah Berger | Bloomberg | Getty Images
A pedestrian street crossing sign stands at Yahoo headquarters in Sunnyvale, California.
Yahoo 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, alleged 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."
Yahoo spokesperson Carolyn Clark told CNBC on Friday the lawsuit has no merit, saying, "fairness is a guiding principal of [the company's] annual review and reward process."
"With the unwavering support of our CEO we are focused on hiring employees with broad and varied backgrounds, and perspectives," she said. "As we have stated in the past, the quarterly performance review process is not only fair, but has improved our overall performance."
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 zero to five points, based on their performance.
The lawsuit argued that during a second step of the review process, called "calibration," higher-level management would modify employee ratings, despite having little to no actual contact with the employee. The suit further alleged that employees were never told their actual numeric rating, or how it had been determined...
http://www.cnbc.com/2016/10/07/lawsuit-yahoo-ceo-tried-to-get-rid-of-male-employees.html
Antonio José Vielma | @AJ_Vielma
1 Hour AgoCNBC.com
COMMENTSJoin the Discussion
Noah Berger | Bloomberg | Getty Images
A pedestrian street crossing sign stands at Yahoo headquarters in Sunnyvale, California.
Yahoo 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, alleged 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."
Yahoo spokesperson Carolyn Clark told CNBC on Friday the lawsuit has no merit, saying, "fairness is a guiding principal of [the company's] annual review and reward process."
"With the unwavering support of our CEO we are focused on hiring employees with broad and varied backgrounds, and perspectives," she said. "As we have stated in the past, the quarterly performance review process is not only fair, but has improved our overall performance."
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 zero to five points, based on their performance.
The lawsuit argued that during a second step of the review process, called "calibration," higher-level management would modify employee ratings, despite having little to no actual contact with the employee. The suit further alleged that employees were never told their actual numeric rating, or how it had been determined...
http://www.cnbc.com/2016/10/07/lawsuit-yahoo-ceo-tried-to-get-rid-of-male-employees.html
