Marrissa Mayer to Change-Up Yahoo’s Labs By Hiring 50 New PhD Employees
August 4, 2013 Leave a comment
Yahoo’s CEO, Marissa Mayer is mixing up the companies’ research unit, which was downsized under her predecessor. They just hired 30 researches with PhDs, and plan to add another 20 by the end of the year. This group is led by Chief Scientist Ron Brachman, a former scientist at the U.S. agency who helped invent the Internet. Brachman helped build Yahoo’s research group when he joined the company in 2005.
“The lab is still here — it’s been reduced in size,” Marissa Mayer said. The company is investing “heavily to build it back up,” she said.
A big focus in Yahoo’s Labs are in the area of mobile, content personalization and predictive analytics. Yahoo spent $885.82 million last year on product development.
According to Mashable, “The recruiting boost reflects Mayer’s broader effort to attract top Silicon Valley talent.” She has spent around $1.2 billion on startups in her year as CEO. Some of these include Tumblr, Summly, and startups from former Yahoo executives, Xobni, and Palarn Inc.
“If I don’t sign off and say it’s excellent from a product standpoint, and if David Filo or Amotz don’t sign off and say it’s excellent from tech-council standpoint, it doesn’t happen,” Mayer said.