Yahoo’s Scott Thompson Looking Forward For Major Restructuring, Including Thousands Of Layoffs

Posted on Mar 6 2012 - 4:56am by Editorial Staff

With aiming for high Yahoo’s new CEO Scott Thompson is setting himself for a large scale restructuring of the company which even also includes layoffs that are likely to cost the company some thousands of jobs. The announcement could be made by the month end and is aiming at the areas where the company is lagging. Yahoo even hired Boston Consulting Group also that help them to focus on “growth” initiative and to help determine the best path for Yahoo going further on the rise. Checking his initial wordings, Thompson plans high to work towards generating revenues from both fees and commission and even pushing away the Yahoo’s advertising business.

(Image Source: Yahoo logo, Featured Image)

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Editorial Staff

Editorial Staff at I2Mag is a team of subject experts led by Karan Chopra.