Reorganizing Yahoo! |
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Introduction Contd...
The challenges that Yahoo was facing externally were further compounded by the internal turmoil in the company brought about by the complex organization structure and slow decision-making process. Yahoo delayed several product launches as it wanted to focus on Panama, which had been delayed by more than two quarters. Panama was to be launched in the second quarter of 2006 but was not launched even at the end of 2006.
The heads of the three units reported directly to Terry Semel (Semel), Chairman & CEO of Yahoo. Analysts opined that with the reorganization and Panama in place, Yahoo could well be on its way to regaining its lost glory...
8] Dow Jones & Company owned The Wall Street Journal is a daily newspaper published from New York, with a circulation of around 2 million a day.
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