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April 10, 2012 10:40 pm GMT
One week after Yahoo announced that it would lay off 2,000 employees, the company has now confirmed the second part of its restructuring: a reorganization that puts the company's assets into three new business units -- consumer, regions and technology, with at least one operation put to the side for a potential sale.The announcement, revealed to the company in an all-hands meeting as well as an internal memo earlier today (first published by AllThingsD), was not released in a public statement, but TechCrunch understands that Scott Thompson, Yahoo's new CEO, has put three different functions within the consumer division: media, "connections" (interactive and social businesses) and commerce. Regions meanwhile will oversee all of Yahoo's ad business. And technology will provide the "science" and infrastructure that will underpin how the first two work.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/o5aCd9Dpd_g/
Yahoos New Catch-All Units For Consumer, Regions And Technology Highlight Challenges In All Three
One week after Yahoo announced that it would lay off 2,000 employees, the company has now confirmed the second part of its restructuring: a reorganization that puts the company's assets into three new business units -- consumer, regions and technology, with at least one operation put to the side for a potential sale.The announcement, revealed to the company in an all-hands meeting as well as an internal memo earlier today (first published by AllThingsD), was not released in a public statement, but TechCrunch understands that Scott Thompson, Yahoo's new CEO, has put three different functions within the consumer division: media, "connections" (interactive and social businesses) and commerce. Regions meanwhile will oversee all of Yahoo's ad business. And technology will provide the "science" and infrastructure that will underpin how the first two work. Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/o5aCd9Dpd_g/
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