Monday, March 5, 2012

Yahoo’s New CEO Preps Major Restructuring, Including Significant Layoffs

http://allthingsd.com/20120305/yahoos-new-ceo-preps-major-restructuring-including-significant-layoffs/

According to multiple sources both inside and outside the Silicon Valley Internet giant, Yahoo’s CEO Scott Thompson is preparing a massive restructuring of the company, including layoffs that are likely to number in the thousands.

Much of the change — which could be announced as soon as the end of this month — is being aimed at Yahoo’s large products organization, as well as other arenas in which the company has lagged in.

Also among those being considered for targeting: Public relations and marketing, research, marginal businesses and weaker regional efforts.

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