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Cramer told Debra Borchardt at TheStreet.com Monday he thinks Mayer is doing great things at Yahoo! and will likely be one of the great CEOs of 2013 as a result.
Many people misunderstood Mayer's recent move to axe all work-from-home privileges, said Cramer. The problem Mayer faced was one of a fragmented workforce with extremely high turnover, he said. Bringing everyone together and rebuilding the team was essential. This is not analogous to other companies, he said, but it was the right move for Yahoo!.Cramer said Yahoo! remains an inexpensive stock and he would be a buyer. To sign up for Jim Cramer's free Booyah! newsletter, with all of his latest articles and videos, please click here. -- Written by Scott Rutt in Washington. To email Scott about this article, click here: Scott Rutt Follow Scott on Twitter @ScottRutt or get updates on Facebook, ScottRuttDC