One thing that is very likely to happen whenever two companies merge with each other, are layoffs. And folks who have had a less than perfect track record in their previous assignment, are under particular scrutiny. Along the same, many Yahoo (and several AOL) employees stand to lose their position once the two firms combine to form Oath.
The deal is expected to close next week, when Oath is also expected to come into existence with the completion of the Yahoo-AOL merger. There wasn’t any partiality and many Yahoo leaders are expected to take up senior positions at the combined entity. However, there are some who are expected to lose their positions and among them, is Yahoo’s Chief Information Security Office, Bob Lord.
The one thing Lord doesn’t have going for him, are of course, the recent data breaches that saw the company lose information pertaining to hundreds of millions of user accounts. The attacks were said to be sponsored by the government but regardless, they managed to damage the erstwhile Internet giant’s reputation — and enabled Verizon to knock off $350 million from the originally agreed upon price.
Of course,Lord was not responsible or the attack itself considering that by the time he had taken over the reins of security at the company, its system had already been compromised. Regardless, his own reputation took up a substantial damage as well.
Meanwhile, Lord won’t be alone. As much as 15 percent of Yahoo and AOL’s total workforce is expected to be handed the pink slip.
