Yahoo may be readying for a significant change in corporate structure — and headcount. CEO Scott Thompson is getting ready to restructure the company in a move that will entail layoffs that could number in the thousands. “The indications are that the layoffs will be massive,” said David Cadden, a professor of management at the Quinnipiac University School of Business. “Wall Street sometimes looks quite favorably on such cuts if they are clearly tied to a focused strategy of cost-cutting that will result in a healthy business,” he said.
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Yahoo May Turn Loose Thousands in Massive Reorg
Posted by: Erika Morphy March 5, 2012 03:03 PMYahoo may be readying for a significant change in corporate structure — and headcount. CEO Scott Thompson is getting ready to restructure the company in a move that will entail layoffs that could number in the thousands. “The indications are that the layoffs will be massive,” said David Cadden, a professor of management at the Quinnipiac University School of Business. “Wall Street sometimes looks quite favorably on such cuts if they are clearly tied to a focused strategy of cost-cutting that will result in a healthy business,” he said.