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This is the 125-page book Marissa Mayer custom-made for about $1 million to pump up Yahoo employees by Alyson Shontell on Feb 3, 2016, 11:56 AM Advertisement
 There's a 125-page book that all Yahoos received last fall. It was gifted to them by their CEO Marissa Mayer, who reportedly spent about $1 million custom-making it, according to Re/code's Kara Swisher. Yahoo did not offer a comment when Business Insider asked about the price tag on the books. However, Mayer took time out of Yahoo's earnings call on Tuesday afternoon to address "blatant falsehoods" in the press about some expensive purchases Yahoo has been accused of making. For example, Mayer shut down a rumor that Yahoo's Great Gatsy-themed holiday party cost $7 million. Instead, Mayer hinted that the cost was closer to $2 million; Yahoo says it spent roughly $150 per head for the party. Anyhow, the point of the book — whatever the cost to make it — is to educate Yahoos about the company and its past, and to show them where the company wants to go. It's also meant to lift their spirits, which might be a little low with all the recent talk of layoffs and questions about Mayer's turnaround plan. We got a copy of the Yahoo employee book and flipped through it. It's full of inspiring quotes and emails from big moments throughout the company's 21-year history, and it helps explain some of the transition Mayer is helping the company make now. Here are some select pages from the book that demonstrate that. SEE ALSO: Yahoo in its earnings call disputed 'blatant falsehoods' about its extravagant spending and party-throwing This is the Yahoo book for employees that was handed out to everyone in the fall. Morale at the company hasn't been great lately with talk of layoffs and Yahoo recently admitting that it will explore acquisition offers. So this book reads like it was meant to boost some spirits. Let's peek inside... 
The book is 125 pages and includes all sorts of stuff, from the company's history to its mission, products, business, culture and "moment." At the moment, Yahoo is still trying to turn itself around by adding new revenue streams to its legacy search and banner ad business. 
It wasn't always difficult at Yahoo. As a reminder of that, the book contains a note written by a few former Yahoo board members to employees on the day of the IPO in 1996. "None of us should be distracted by the stock price, high or low," they wrote. 
See the rest of the story at Business Insider
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