eelixduppy - 1:48 pm on Apr 4, 2012 (gmt 0) [edited by: eelixduppy at 3:04 pm (utc) on Apr 4, 2012]
Press release: [pressroom.yahoo.net...]
Yahoo! expects to realize approximately $375 million of annualized savings upon completion of all employee transitions.
CEO Scott Thompson's letter to employees:
Core Media and Communications: Our content, media, and communications experiences must be best in class. That includes getting today’s core properties right and innovating on a next generation of great product experiences across all screens.∙
Platforms: We must make our core platforms and systems a genuine strength for Yahoo! – platforms that we can really leverage to support our massive scale, drive the deepest personalization, and boost speed to market.∙
Data: Our massive data sets must become a genuine competitive advantage for Yahoo!. We have to unlock the value in our data to allow us to really understand our 700 million users, encourage and win their engagement and trust, leverage everything they do with us to more fully personalize their experiences, and to give our advertisers the immediate insights they are rightfully demanding.
[edited by: eelixduppy at 3:04 pm (utc) on Apr 4, 2012]