Yahoo Layoffs: Yahoo Restructuring, Layoffs
March 6, 2012 by staff
Yahoo Layoffs: Yahoo Restructuring, Layoffs, Yahoo’s woes continue after it confirmed it will lose the head of its labs unit, Prabhakar Raghavan, to Google. Raghaven’s research interests focused on search technologies, with particular interests in text, web mining, and algorithm design.
“Yahoo thanks Prabhakar Raghavan for his dedication and contributions to Yahoo for the past seven years,” said Yahoo in a statement. “We wish him well in his next endeavor. Ash Munshi, chief technology officer, will oversee Yahoo Labs.”
Yahoo is about to make large cuts to its labs unit, part of a major restructuring that will likely see thousands of layoffs, according to All Things Digital, although the firm has declined to confirm this.
The departure follows the exit of other leading directors at the company including founder Jerry Yang and chairman Roy Bostock.
In recent years, as Google has dominated the search industry, Yahoo has tried to reinvent itself as a content portal. That process has proved challenging for Yahoo, though, with former chief executive Carol Bartz fired last September for failing to turn the company around.
Please feel free to send if you have any questions regarding this post , you can contact on
Disclaimer: The views expressed on this site are that of the authors and not necessarily that of U.S.S.POST.