Hire Wire Mar 05 2012

Massive Layoffs Coming at Yahoo

By kara swisher

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.

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

To read the rest of this story on AllThingsD, click here.



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