More on Yahoo's Major Reorg; Could Centralize Product Groups
This story was written by Rafat Ali.
While the plans for the major Yahoo (NSDQ: YHOO) reorg are fluid, some more details are leaking out, including that the company may centralize its crazy amount of product groups, such as its mail, search and homepage divisions, into a global product organization, reports WSJ. These changes are what's leading to some of the senior execs leave, who are not happy with how these changes would affect them. The plans for reorg picked up steam after Jeff Weiner told the company he would be leaving.
Meanwhile, for whatever it is worth, Hilary Schneider's stock is on the rise at Yahoo: the EVP for global partner solutions, is likely to oversee revenue and sales, and possibly Yahoo's media properties.
A big part of Yahoo's issue is have a product overdose, or to bring it to the execution level, death by product management. I would not be surprised it some products are disposed off.
By Rafat Ali