Internal communication Essay

It has recently come to my attention that several reports are circulating in the media regarding proposed layoffs at Yahoo and this has become a matter of concern to some of our employees. As with any reports that do not come directly from the Yahoo corporate offices, some of the information being presented could be considered factual while other information is clearly not. It is important to remember that Yahoo has no hidden agenda and employees will be informed as soon as possible when decisions are made which may affect their work status. The truth of the matter is that profit projections for the fiscal year 2007 initially do not appear to be meeting goals. Yahoo stock prices are also valued below projections. It is important that the company make up for these losses by finding methods which will increase profits and decrease costs in the upcoming year. In order to do so, there are many options available for review by Yahoo’s executives, most of them pertaining to an increase in sales of our more popular products, pricing restructure, partnering with other companies, marketing to reach new users, outsourcing, increasing productivity, and reducing those components of the operation which have proven to be unprofitable. Our CEO, Jerry Yang, will be making an educated, well-researched decision regarding these options. Mr. Yang will make an announcement as to which measures will be instituted by Yahoo to increase profits and stock prices on February 1st. Please rest assured that our employees will be apprised of this information before the media reports on the announcement. Until Mr. Yang makes his official announcement regarding profit increases and cost-cutting measures, please bear in mind that Yahoo is making every attempt to resolve its financial problems in a fair and equitable manner which will ensure Yahoo’s future growth and top placement in the market. Since Yahoo is a publicly traded company, it is often the target of media scrutiny and while at times we welcome this scrutiny for its promotional value, at other times it is based purely on hearsay with gaps filled in by a lack of factual information or supposed reports from â€Å"insiders† who no longer work at the company. At Yahoo, our very talented and hard working employees are the backbone of the company and we truly appreciate the time and effort spent at your jobs. The last thing Yahoo wishes to do is lose its most valuable assets – you. If anyone has any questions or concerns that have not been answered by this communication, please see your immediate supervisor, who can direct those concerns to the proper person. Best Regards, John Doe Internal Communications Coordinator Works Cited Helft, Miguel (January 22, 2008). â€Å"Hundreds of Layoffs Expect at Yahoo†. New York Times.