engine - 6:14 pm on Mar 5, 2012 (gmt 0)

Report: Yahoo's New Boss Planning Major Restructing [allthingsd.com]

According to multiple sources both inside and outside the Silicon Valley Internet giant, Yahoo’s CEO Scott Thompson is preparing a massive restructuring of the company, including layoffs that are likely to number in the thousands. Much of the change — which could be announced as soon as the end of this month — is being aimed at Yahoo’s large products organization, as well as other arenas in which the company has lagged.