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by MrFoof 5182 days ago
>And then there the VPs: at last count Yahoo had over 200 VPs. Really, What do these fuckers do!?

These folks simply have goofy titles.

I used to have one of the world's largest banks (by AUM) as a client. They had over 200 "Vice Presidents" in one building, as it basically was their preferred title for "manager".

1 comments

At Bank of America, VP was one title below most managers. VP basically meant "didn't get completely fucked in the offer negotiation process".
Bank VP is a different situation, most branches can not issues loans without a VP present- so there are many people with such title. There is standard and there no confusion that this is a high title in banking. Other titles like "Executive VP" are used to identify actual officers. That being said- I would still be interested in hearing if everybody at Yahoo is a director and/or a VP.
>Bank VP is a different situation Not in investment banks, which have no retail presence at all.
Weird. When were you there? I was at BofA securities via the merger.