Chapter 2724 Disappointment

The accompanying staff quickly coordinated the relevant itinerary. Before leaving, Masayoshi Son came to a building that seemed not too far from the Jiasheng Business Center. This was the location of Yahoo China.

A few years ago, this place was once a place where high-level domestic coders and a group of sea turtles flocked to. Being able to work here was simply the beginning of marrying a beautiful, rich woman and reaching the peak of life.

But now, compared with many companies nearby, Yahoo's purple LOGO has long lost its appeal.

Fortunately, the few people who came out to greet him looked quite energetic.

"Welcome Sun," "Hello Sun,"

Several Chinese and Americans greeted Masayoshi Son enthusiastically.

Dr. Zhang, the current head of Yahoo China, who once worked at Yahoo's US headquarters, took Masayoshi Son downstairs and upstairs to take a quick look.

But when they finally arrived at the conference room, let alone Masayoshi Son, even his face was not good.

So when Son Masayoshi sat down, he didn't waste any words and frowned and asked, "Does everyone have any concerns about this acquisition?"

"Have we communicated our dual unchanged policy to every colleague?" He didn't ask Dr. Zhang, but asked those Americans who came from Yahoo headquarters to prepare for the next handover.

The reason why he asked this question at the beginning was that the morale of the employees of Yahoo China he saw along the way was really poor. If it weren't for the fact that there was something wrong with the name now, Son Masayoshi should have scolded them all the way.

"Sun, especially for such terms, we naturally notified every employee at the first time," those people said hurriedly.

If Son Masayoshi felt that they couldn't even do such a thing well, then even though SoftBank promised not to lay off employees within two years, they would probably have to start looking for the next buyer from now on.

Son Masayoshi also felt that such a thing should not happen. When a merger and acquisition occurs, the grassroots employees are most concerned about two things, whether there will be layoffs and whether the company will reduce wages.

Therefore, even if the Yahoo management team does not do their job well, the grassroots employees will definitely know what they promised to do.

"So Zhang, can you tell me what's going on?" He turned to Dr. Zhang.

"We know that Yahoo China is not developing well. Of course, this responsibility is not yours,"

At such a sensitive moment, he was still polite.

"But I really didn't expect that morale would be so bad,"

But for Dr. Zhang, this was still a tone of questioning.

In any case, he is currently the person in charge, and he naturally has to be responsible for this situation.

"I have to review it. This is because of my poor work," Dr. Zhang had to say.

But he still added, "Since I took office in the third quarter of last year, we have also taken a number of measures to address this situation. Although there has been some improvement, the results are always somewhat unsatisfactory,"

The meaning of this sentence is also very clear. I have not been in charge for a long time. If it weren't for me, the situation would only be worse.

To be honest, if he was in SoftBank, the company he was in charge of was in such a situation, and the person in charge still had such an attitude, Masayoshi Son would definitely let him pack up and leave immediately.

But he doesn't have such rights now. Moreover, according to the agreement with Yahoo, they can't have such plans within two years after they officially take over.

Sun Zhengyi already regretted the "double unchanged" clause he proposed. If possible, from what he just saw, he would have to fire at least half of Yahoo China's employees.

What development can such a gloomy company have?

As for those in front of him, including the visitors from Yahoo headquarters, it would be best to fire them all without leaving a single one.

He believed that with their salary level and their positions, they would still be very attractive.

But that was just a thought. He said patiently, "Zhang, I said that this has nothing to do with you, and I don't mean to hold you accountable. I just want to know how this situation came about?"

In order to make his meaning clearer, he took the initiative to say, "Is it related to the changes in 2005?"

2005 was a very important year for China's Internet. The bigwigs who would dominate the Internet field in the future made important moves this year.

And 2005 was also a very important year for Yahoo China.

That year, Chief Yang first planned to pack up Yahoo China and give it to Lao Ma, but Lao Ma, who was already good friends with Feng Yiping, smiled and refused to accept it.

Then, Zhou Dapao, who led Yahoo China to great development and had many disputes with Yahoo headquarters in the United States, and later had a great negative impact on Yahoo China's business, jumped to Qihoo, which had been prepared for a long time, with a group of confidants.

Masayoshi Son felt that Yahoo China's current appearance might have started from that time.

"The things that happened in 2005 may have had some impact on our development," said Dr. Zhang.

Masayoshi Son was stunned. What are you talking about?

Dr. Zhang lowered his head. What do you want me to say?

Didn't you see that several people from the headquarters are here? I heard that Jerry is still here at this time.

If I said everything I should say, I might be adjusted before Softbank took over.

After a look, Son Masayoshi probably understood his concerns. He also understood that the reason why Yahoo China has fallen to its current state is probably closely related to Yahoo headquarters.

Of course, it has a lot to do with Yahoo headquarters.

In 2005, after those two incidents, Yahoo China's morale was extremely weak and its strength was also extremely weakened.

After the efforts of the new person in charge, some talents were finally recruited and morale was restored. As a result, in 2006, Yahoo launched a "peanut butter" plan.

Yahoo headquarters believed that their original strategy was like diluting peanut butter on a large number of opportunities. As a result, they invested in many projects, but none of them was particularly focused.

So they specifically proposed the "peanut butter" plan, hoping to do a good job in three aspects: focus; detailed responsibility system and ownership; reform and reorganization.

It should be said that the starting point is still valid, but the specific implementation is a mess.

This plan was originally intended to boost Yahoo, but it eventually plunged Yahoo into a comprehensive crisis.

The final outcome was that Yahoo headquarters was shaken by senior executives, and the Chinese company was laid off by up to 20% because of this plan!

From then until now, the person in charge has changed several times, the business direction has been adjusted again and again, and the overall performance has become worse and worse... plus this sale.

Although it was sold at a good price, this good price cannot benefit a large number of grassroots employees, so how can you improve morale?

Masayoshi Son was getting more and more angry.

After meeting with Sorrell, he paid more and more attention to the Chinese market. Didn't he hear Sorrell say that China has now surpassed Japan and become the world's second largest advertising market?

Other investments in the Chinese market were sniped by Feng Yiping everywhere. Only the Yahoo China platform was in his own hands without any constraints in the future.

But after this short walk, he found that the group of people in front of him obviously could not bear his high hopes.

For him, who was already in a bad mood, such a thing was nothing more than adding fuel to the fire. What did I buy at such a high price?

He repeatedly advised himself to stop being angry, stop being angry, "Zhang, I want to ask, are there any external factors affecting it?" he asked.

Dr. Zhang raised his head, "Since Microsoft launched the acquisition at the beginning of the year, the company's employee turnover has increased significantly,"

"Many of our technical backbones have received calls from headhunters,"

Masayoshi Son's heart was filled with anger again, because he didn't need to ask to know that Feng Yiping must be among the people who came here to poach.

"Zhang, I hope you can convey my promise to everyone. After SoftBank takes over, we will invest sufficient funds in Chinese companies to support the development of our original main business areas,"

In order to avoid turmoil, he did not say that Yahoo China will also transform into search and social networking next.

"I hope that everyone will work together to make Yahoo China, like Yahoo Japan, flourish," - he did not realize that such a comparison actually made many executives in the conference room unhappy. The markets are different, what is there to compare?

"I will definitely convey it," Dr. Zhang said immediately.

But after seeing off the unhappy Masayoshi Son, he called soon after, "It's me, about the position you mentioned last time..."

ps: Dear, have you voted for the recommendation?