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3. Yahoo CEO breaks silence over telecommuting ban
Millions of Americans enjoy the benefits of working from home. Many actively enjoy it. But Yahoo's relatively new chief executive Marissa Mayer didn't like the idea — not one bit. Just months after starting at the company, the former Google executive banned telecommuting at Yahoo, forcing all employees to muck-in at their respective local offices.
The decision alone was controversial, but it was only compounded by a lack of explanation behind the move. Eventually, she lifted the veil of silence by stating at a conference in Los Angeles, "I need to talk about the elephant in the room." But, Mayer refused to back down from the new rule.
In short, it was a U-turn in some sense, even if it wasn't a complete reversal on the policy itself.
4. Netflix backs off Qwikster split
Netflix remains one of the most popular Internet streaming services to date. But one decision led the company's boss Reed Hastings to retreat from a service spin-off that had customers screaming at their television sets.
The plan was simple: split the company in half to create Qwikster, a DVD-by-mail service, so that it can focus on its bread-and-butter, Netflix, as its main online video service. That angered customers and investors, which saw the firm's share price plummet even further, not long after its stock suffered following a price increase.
But three painful weeks later, Hastings backtracked on the plan. A year later, things are back to normal for the company. More so, in fact: the streaming service is booming in the U.S. market as well as internationally, adding more than 1 million customers each quarter.
5. HP decides against ditching PC business
When a company announces it's looking at "strategic alternatives" for a division or the whole corporate package, that's industry geek-speak for a spin-off or a sale. When computer maker HP announced it would do exactly that with its PC building division back in 2011, Wall Street was lost for words.
The firm, which at the time was run by chief executive Leo Apotheker, said it would restructure the company to ditch the PC unit as well as its mobile platform webOS. The upshot was it would acquire enterprise firm Autonomy to all but offset the shift in company priorities.
Apotheker was fired not long after. Out with the old, in with the new. Meg Whitman was replaced in the top job, and, actually, back in with the old, as she decided to reverse the PC sell-off decision and return the company back to its PC making former glory.
The bottom line for Whitman: it was too costly to spin off the unit, and without PCs and printers, HP just wouldn't be itself anymore.