Yahoo reportedly prepping layoffs

From CNET News.com: Yahoo is planning layoffs that could number in the thousands, according to AllThingsD.

Kara Swisher reports that new CEO Scott Thompson is planning to lay off workers in public relations, marketing, research, and "marginal businesses."

The goal for Yahoo is relatively simple. Cut spending in some areas and then aim that investment at businesses that can generate revenue growth. Swisher noted that Thompson is pushing for quick changes that can appease shareholders.
ndeed, Thompson's cuts---if as deep as indicated---will be a dramatic move for Yahoo. However, Thompson needs to outline those key growth objectives shortly after those deep cuts.

Yahoo needs a new act and Thompson has to outline the plan.

On Yahoo's fourth-quarter conference call, Thompson indicated that change was coming, but details were sparse. Thompson talked about the balance between media and technology.

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