Yahoo – “Job satisfaction differs greatly across different departments and properties”

Pros

Very good, understanding employer.
Great benefits.
Work-life balance.
Knowledge Sharing.
Great co-workers.

Cons

Limited opportunities for progress.
Less than competent middle management.
Poor decision making and execution.
Perpetual reorganization that never seem to give benefit.

Advice to Senior Management

Listen more to employees at the lowest rungs and do that proactively.
Most of the middle management is looking out for their own best interests and not Yahoos. So you will not get good clarity.
Undertake performance based reorganization and hold management accountable for decisions.
Take exit interviews very very seriously.