Chicago (IL) - Yahoo's new CEO, Carol Bartz, is reportedly finalizing the last-minute details of what The Wall Street Journal describes as a "blueprint for the organization". Significant details of Yahoo's restructuring efforts are being kept even from high-level management, who reportedly "knew few details about it," suggesting a top-down management restructure.
It is believed Bartz will announce plans undoing major portions of prior reorganization attempts by Yahoo's former CEO, Jerry Yang. Bartz has been characterized in a BBC article as a "sustaining manager," and "the safe pick [for CEO]," which many believe Yahoo needs right now to just winter the economic downturn. Many also believe real innovation and company turn-around plans will likely not come before the end of this year.
Rob Enderle, a regular TG Daily contributor and principal analyst for The Enderle Group, has questioned Bartz's ability to lead Yahoo, stating "She is known as a 'sustaining manager' and what Yahoo needs is a 'turnaround manager'."
She is expected to reveal her plans later this week, or early next week.
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