Yahoo! leaked memo calls for major shakeup.
A Yahoo! Internal memo calls for drastic action to keep it from declining further in its efforts to catch Google. Senior Vice President Brad Garlinghouse, asks for a major restructuring of the company with a possible 20% cut in jobs.
Garlinghouse went on to say, the company didn’t have a clear strategy and was rife with interdepartmental conflicts between established lines of business and new initiatives.
I thought the funniest line was, “There are so many people in charge (or believe that they are in charge) that it’s not clear if anyone is in charge.”
This couldn’t have come at a better time, Yahoo is loosing faith in the investment market and from the view point of a search fanatic, I really hope they turn it around. Don’t get me wrong, I love most things Google, but choice is essential for invention and evolution.
Personally, I don’t think Google has such a clear vision and strategy either. They’ve succeeded by being clever and a little bit lucky.
Yahoo! Has some major advantages over Google, when it comes to understanding people and social networks – concentrating on these may provide the turn around they disparately need.
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