Yahoo plans for reorganization next week

Early as next week, Yahoo plans to restructure its organization. This was announced by Yahoo Inc Chief Executive Carol Bartz.

“Get well-rested, because next week’s a biggie“, said Carol Bartz in a email to Yahoo employees. Yahoo Officials banned from speaking/dicussing about this issue publicly.

The Internet gaint Yahoo, was severly hit during its partnership talks with Microsoft, Google and AOL. During these times, Yahoo lost its value in the market. Moreover the company is upset over U.S. recession.

The reorganization is expected to include a employees in high designations, like chief operating officer, chief technology officer, chief marketing officer.