Tag Archives: Scott Thompson
With the last week controversy surrounded Yahoo over its CEO resume mentioning of Computer Science degree although he had done Accounting, the Third Point Daniel Loeb demanded that the internet company will fire Scott Thompson by Monday. Loeb even also called the resignation of board member Patti Hart, whom he had accused of claiming false degree on her resume, Reuters...
Yahoo’s CEO Scott Thompson emailed his staff last Thursday to reassure employees about the company’s strategy. 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...
With earlier this week Yahoo down lined its work force by firing around some 2,000 employees in its massive round of layoffs, the company CEO Scott Thompson emailed his staff Thursday to reassure employees about the company’s strategy. The new Yahoo could be a much small entity with a focus on media and advertising, with the layoff targeted at the product, research...
Yahoo yesterday announced that it would be laying off 2,000 employees as a part of restructuring effort with AllThingsD reported that company’s Chief Product Officer Blake Irving has resigned. On next Tuesday will see company’s CEO Scott Thompson outline his long-term strategy and vision for the struggling Internet Company. The reorganization meeting on Tuesday is...
“Thompson has got to make his case. And now he has to do it persuasively because there’s another guy who is going to make his case persuasively,” said Lawrence Haverty, a fund manager with GAMCO Investors, which owns Yahoo shares. Just over the course of three months time since Yahoo’s CEO Scott Thompson was appointed for the role, faces a proxy shutdown...