Yahoo reported a quarterly loss and falling revenue. The company is a good example of what happens when you fail to innovate and employ sexist employment policies in the workplace.
http://archive.is/MYZE6#selection-1281.0-1281.35
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Gregory Anderson, who was employed in Yahoo’s media division until he was fired in November 2014, filed a lawsuit against the tech giant, alleging the company’s performance management system was arbitrary and unfair. Yahoo used a numeric ranking system to evaluate employees’ quarterly performance and often fired those with the lowest scores, according to the suit. The complaint also says female managers at the company discriminated against men in their hiring and firing practices.
...a female employee in the Media Org received the same 1.8 “Occasionally Misses” Employee Score as a male, after which the male was immediately terminated and the same female assumed the terminated male employee’s position. Moreover, this female employee was allowed to appeal her rating whereas the terminated male was denied an opportunity to appeal.”
...when Savitt began at Yahoo the top managers reporting to her in the Media Org, including the chief editors of the 12 magazines (many of which were formerly called “verticals”), were less than 20% female. Three years later those top managers were more than 80% female. At the time that this percentage of female managers reporting to Savitt increased so dramatically, the number of female reporters and presenters in the industry generally declined by 10 percentage points.
http://archive.is/MYZE6#selection-1281.0-1281.35