Tag Archives: 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...
“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...
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...
