AllThingsD‘s Kara Swisher this afternoon reports that Yahoo! (YHOO) could lay off thousands of workers next week, and announce a restructuring the following week, citing multiple anonymous sources.
Yahoo! says the company is trying to create a “drastically slimmed-down organization” out of its 14,000-strong staff, writes Swisher.The strategy appears to be one of focusing greater responsibility on Yahoo!’s media assets, its search business, and greater focus on global and regional sales efforts.
The report by Swisher comes as 6% holder Third Point LLC this week conducted a war of words with Yahoo!, warning of a dramatic proxy fight with the company over the matter of board nominations.
Yahoo! shares today closed down 8 cents, half a percent, at $15.22.
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