Yahoo may reveal revamping next week

Yahoo may reveal revamping next week

The reorganization is expected to include a structure where executives like chief operating officer, chief technology officer and a new, more powerful chief marketing officer all report to Bartz

Monday, February 23, 2009

SAN FRANCISCO, US:Yahoo Inc Chief Executive Carol Bartz could announce a major management reorganization as early as next week, according to the blog AllThingsD.

The Wall Street Journal-affiliated blog, citing several sources inside and outside the Internet company, said the revamp would likely come on Wednesday, although it could be pushed out a week or two or rolled out in pieces.

Bartz sent a memo to employees on Friday in which she said, "Get well-rested, because next week's a biggie."
Yahoo officials declined to comment. A source at Yahoo, who was not authorized to speak publicly about the issue, said rumors of a reorganization were swirling within the company.

Yahoo, the leading provider of online display advertising, has been under pressure for nearly a year as it held fruitless merger or partnership talks with Microsoft Corp, Google Inc and Time Warner Inc's AOL.

During that time, Yahoo lost market share in search advertising, while display ad sales have been badly hit industrywide by the U.S. recession.

The reorganization is expected to include a structure where executives like chief operating officer, chief technology officer and a new, more powerful chief marketing officer all report to Bartz, the blog said.

In addition, several sources suggested Bartz may abandon a recent restructuring that split the world into four operating regions, the blog said. Instead, one executive could head the United States and a second head up all international efforts.

©Reuters

Would you like to Comment on this Article?

Name
Email
Comment Here
Code Verification

Be first to comment on this article

+ Follow us to know more about CIOL +

Axis Bank's no-frill accounts on Airtel Money

10 tips to make your SME look bigger

CPI(M) backs calls for IT employee unions

Android Jellybean to be out by December

Citrix debuts collaborative platform, Podio

Infosys staff fire 'why no hike' salvo at CEO

Infosys to roll back hike freeze?

Why 122,680 Facebookers 'like' Nirmal Baba?

Beware of fraudulent calls from Pakistan

DataWind terms Aakash II launch a revolution

Subscribe to PCQuest for iPad & Android tablets

Register Free at DQ Top 20 Online portal & get insights on the Indian IT Industry

Enterprise IT News and Analysis in your inbox

Subscribe to the free PCQuest newsletter

Do you think IT employees need unions?

Arun and Cipla - no ladders, no snakes

Cyber attacks: Have India's neighbours turned culprits?

Personal cloud will eclipse PC: Gartner

SMEs don't give much importance to security

Sponsored Links

Custom Site

Demo Downloads On :

1-Click News Updates