Following is the text of a memo sent by YahooCEO Scott Thompson to the staff, or "Yahoos" as they're known, about the reorganization plan.
From: Scott Thompson
Sent: Thursday, April 05, 2012 1:15 PM
To: All Worldwide Yahoo
Subject: time to move forward...
This was a tough week. Thank you all for supporting each other through a difficult time.
As hard as big changes like this can be, I was encouraged to hear support from so many of you who really understand our need to operate differently. That said, I also know many of you still have a lot of questions about where we’re headed and how fast we can get there. I shared a few thoughts in my note earlier this week and you’ll hear more at our All Hands next week.
We deliberately separated this week’s employee action from next week’s discussion of our strategy. The reason was simple: we felt it was only fair and respectful to those who are leaving and transitioning to take care of each of them before turning to our future.
Starting next week we will begin looking forward and our All Hands is just the beginning. You’ll be hearing a lot more from me and other leaders about our comprehensive plans for Yahoo!’s future. The immediate next step for all of us is to get clear on our goals, and then take action and move.Page 1 of 3 | Next Page