Yahoo is preparing to make significant layoffs next week in an ongoing effort to restructure the company, CNBC’s Scott Wapner reported Friday.
CNBC cited as its source a story on the news website AllThingsD.com, which said the Yahoo layoffs could touch thousands of employees. The company is then expected to announce a new restructuring of the company the following week, the report said.
Earlier this month, reports said Yahoo’s new CEO Scott Thompson is preparing a massive restructuring of the Internet search firm, including layoffs that are likely to number in the thousands.
