In a new, ongoing series- BRANDEblog will look at talent rivalries from the HR perspective. Here is the first, with help from a recent NY Times article:
MICROSOFT vs YAHOO
Stanford’s College Recruiting event last fall saw crowds everywhere, but only lookers at the Microsoft and Yahoo tables, versus the lingerers at Facebook and Google.
Tomorrow’s workforce is looking for more than money- particularly in the realm of engineering, where the battle for talent is fierce. They want an opportunity to work on tomorrow’s technology, along with the risk/rewards of young start-ups where the payout if the company is sold could be huge.
One soon-to-be engineer said that the potential buyout of Yahoo by Microsoft reduced his interest in either, and chose to pursue opportunities with Mozilla, creator of the Firefox browser.
Josh Becker, a venture capitalist with New Cycle Capital in San Francisco, said Microsoft’s profile in the Valley would be significantly raised “if they took over an iconic company like Yahoo.” But, he added, “whether that would translate into a sense that Microsoft is a cool place to work remains to be seen.”
Some of Yahoo’s current employees would be opposed to working for an even larger organization, where corporate was more than 850 miles away.
Others saw a Microsoft deal as a greater way to beat Google- the arch enemy.
Microsoft’s culture has been described as the 3 E’s Embrace, Extend, Exterminate and that could mean very bad things for the employees who had options to work for Microsoft before joining Yahoo. Recognizing this, here’s what CEO Steve Ballmer had to say: We hope to have the Yahoo employees be very, very excited about (the deal),” “When you combine the strengths of our two companies, the result will be an incredibly efficient and competitive offering for consumers, for advertisers and for publishers.”
So, what will happen and how do YOU vote?
All I can say is that I hope if there is a buy-out, they choose BRANDEMiX, for their change management communications.
*current number of jobs aggregated by Simplyhired