We all remember the Yahoo! of yesteryear; the convenient search tool that integrated email, news, and more into the service. In fact, Yahoo! was my primary choice for years; until I met Google. So, what exactly has caused that downward spiral that Yahoo has been engulfed in throughout the past few years? For starters Yahoo’s search engine market share has been falling for six straight months and as of February 2012 they are at 13.8 percent while Google is at 66.4 percent and Bing at 26.2 percent.
If we rewind time to the early 2000s you will remember that Yahoo! was at the forefront of search engines. Fast forward to today where they are looking to layoff 2000 employees. So, what could cause this spiral:
- Failed advertising campaigns
- Poor acquisitions
- CEO troubles
Bottom line: Yahoo! could really turn things around because the search is still powerful and they have many other services that make the ecosystem great. However, trying to sue Facebook will not cut it.
When you think of factories what comes to mind? Surely not over worked and under-compensated workers, right? Most of us know that employees of factories work hard; however, in most circumstances the hours are fair, at the least. On the other hand, this is untrue of Foxconn, an electronics manufacturing company that has its headquarters in Taiwan. They have been involved in several controversies regarding treatment of their employees and now Apple is stepping in.
Tim Cook has paid a visit to the Apple supply chain and brought along the Fair Labor Association to audit work conditions. However, Apple Inc. is not the only company that has electronics manufactured here, they are joined by Acer, Amazon, Cisco, Dell, HP, Intel, Microsoft, Motorola Mobility, Nintendo, Nokia, Samsung, Sony, Toshiba, and Vizio.
Employees deal with a lot of mistreatment such as:
- Living in crowded dorms
- 50+ hour work weeks
- Unfair compensation for overtime; Read more [HERE]
Bottom line: For a true difference to be made all of the above companies need to band together and show Foxconn that the people producing their products deserve to be treated with respect.