Pregnant at 40 yahoo

Mayer launched her biggest initiative in July, the $32 billion spin-off of Alibaba shares into a separately traded-company that may be worth more to shareholders than the current value of Yahoo shares. The deal was roaring ahead until the IRS questioned the transaction after Yahoo!’s July 17 SEC filing.
She says that she will take some limited time away but work during the pregnancy as she did with her son’s birth three years ago.
Mayer has been trying to engineer a turnaround since Yahoo hired her away from Google, but has made limited progress. Pressured by shareholders, Yahoo earlier this year filed plans to spin off its remaining 384 million Alibaba shares into a separate company that will be called Aabaco.
Without the Alibaba stock in its investment portfolio, Yahoo will have to start boosting its revenue or risk of shareholder unrest.
Three years ago, Mayer announced she was pregnant with her son a few hours after Yahoo hired her as its third full-time CEO in less than a year.

Her decision to spend just two weeks away, working from home, before returning to Yahoo’s offices was criticized by some who said that it set unfair expectations for other working mothers. In addition to carrying twins, another item on her to-do list is the spin-off of Yahoo’s stake in Alibaba.
Although shareholders give her credit for preventing the company’s demise, she still hasn’t convinced enough consumers to make Yahoo! The spinoff is to be called Aabaco Holdings is expected to consist of 384 million shares of Alibaba, representing a 15 percent stake in Jack Ma’s Chinese Internet firm; and Yahoo!
But attacks in the blogosphere have called her short maternity leave “a bad precedent for Yahoo’s lower-level employees, mothers and fathers, who do not have the job flexibility and cannot afford the extensive social support and backup systems that Mayer and her husband will be able to construct,” according to CNN blogger Stephanie Coontz.
Yahoo’s net revenue has decreased or been unchanged from the previous year in eight of the previous 10 quarters. Yahoo is still awaiting approval from the Internal Revenue Service to do the split on a tax-free basis, which the company expects to occur this year.

The 40-year-old CEO wrote in a Tumblr post that she had already informed Yahoo's board of directors and executive team of her pregnancy.
But just a few months later, she extended Yahoo’s parental leave and added other perks for families, including giving new parents a $500 stipend for buying groceries and baby clothes. As someone who is sympathetic to the needs of her employees, Mayer doubled Yahoo!’s paid maternity leave from eight to sixteen weeks in 2012. If the IRS rules the deal is a sale, Yahoo would owe a 40 percent tax, or $12.8 billion in tax.

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