Ousted Yahoo! chief executive Scott Thompson told board members before his resignation that he has cancer, the Wall Street Journal reported Monday. Thompson, who quit amid a controversy over inaccurate academic credentials, said the diagnosis played a role in his decision to step down, but that he did not want…
Yahoo! boss Scott Thompson stepped down in the face of controversy about his allegedly inflated resume, leaving the struggling Internet pioneer seeking its sixth CEO in five years. As part of a truce in a proxy war with mutinous shareholder Daniel Loeb, Ross Levinsohn became interim Yahoo! chief and Fred Amoroso took charge of the board of…
Yahoo! is dumping products along with workers in a quest to return the faded Internet star to glory. Yahoo! boss Scott Thompson announced the move on Tuesday while mapping out the company’s turnaround on the heels of an unusually upbeat quarter in which profit climbed 28 percent. It was the first time since…
Struggling US Internet firm Yahoo! said Wednesday it would slash some 2,000 jobs in a sweeping restructuring aimed at building a “smaller, nimbler, more profitable” company. Yahoo! chief executive Scott Thompson, who took the top job in January promising urgent action to turn the company around after a year of…
SAN FRANCISCO (Reuters) – Yahoo Inc’s new chief executive is preparing a significant restructuring of the Internet company, including layoffs that could cut thousands of employees from its payroll, according to a technology blog. The moves could be announced as soon as the end of the month and would represent…
I just so happened to see a video of the “Kids In The Hall”s secretaries skit: And something about Scott Thompson’s portrayal put me in mind of anti-choice nut Leslee Unruh:…