Fergie's Tech Blog

Yahoo! Internal Memo Urges Major Shake-Up, Job Cuts

Eric Auchard writes for Reuters:

Yahoo Inc. needs a dramatic organizational shake-up and cuts in its work force of up to 20 percent, according to an internal memo written last month by Senior Vice President Brad Garlinghouse.

Garlinghouse, a second-tier Yahoo executive who has taken increasing powerful roles in the company since joining 3 1/2 years ago, argues that Yahoo suffers from a lack of consistent leadership, business focus and a "single cohesive strategy."

posted by Fergie @ 11/18/2006 03:27:00 PM