According to AllThingsD, Yahoo is gearing up for a significant layoffs starting this week that could number in thousands. The publication suggests that the new Yahoo could be a much small entity with a focus on media and advertising, with the layoff targeted at the product, research and marketing groups. Yahoo’s CEO Scott Thompson has convened top management to outline the restructuring plans and will officially announce a rumoured restructuring soon.
(Image Source: Yahoo logo, Featured Image)
