Yahoo adopts new severance plans
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Yahoo Inc. is adopting severance plans to take effect if the Web portal is taken over by Microsoft Corp.
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Battered by slow revenue growth and the popularity of social networking Web sites, Yahoo! Inc. is poised to lay off hundreds of workers, according to published reports.
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Yahoo Inc.  is merging  the two main parts of its U.S. advertising business after  veteran sales executive Wenda Harris Millard resigned, the  latest in a string of executive departures.
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By Michael Liedtke  Yahoo Inc. is tackling its most difficult challenge since the dot- com bust with sweeping organizational changes aimed at cleaning up a mess of the Internet icon's own making.
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Yahoo Inc. shareholders voted down a proposal that would have forced management to adopt stronger policies regarding government attempts to limit Internet access and to curtail freedom of speech in countries where Yahoo operates.
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Even before Microsoft offered its buyout bid, Yahoo acknowledged plans to lay off about 1,000 workers. Now, those layoffs are under way, regardless of Microsoft's acquisition hopes, with pink slips being handed to the leaders of Brickhouse and Yahoo Personals, among others.
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Terry Semel ended his six-year run as Yahoo Inc.'s chief executive officer on Monday, and the company's co-founder Jerry Yang will take over from him, the company said.
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Yahoo has introduced two new severance plans that will protect its employees if&#160;Microsoft&#39;s unsolicited takeover bid&#160;is successful, it said in filings with the U.S. Securities and Exchange Commission (SEC) on Tuesday.
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Yahoo Inc.  on Tuesday announced a reorganization that marks Chief Financial Officer Susan Decker as a likely successor to the current CEO and simplifies the Internet media company's structure.
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Yahoo Inc.  is merging the two main parts of its U.S. advertising business after veteran sales executive Wenda Harris Millard resigned, the latest in a string of executive departures.
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Yahoo is overhauling the way it sells advertising in the US, in an effort to help revive the business.
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Yahoo Inc. has eliminated the tiered pricing scheme for its hosted storage offering, providing unlimited capacity to small and mid-size businesses for $12 a month.
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SAN FRANCISCO -- Yahoo Inc. Chairman Terry Semel stepped down as chief executive in a surprise move Monday, ending his increasingly ineffectual pursuit of online search leader Google Inc. _ a losing battle that had demoralized Yahoo's shareholders and employees.
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Yahoo Inc.  on Tuesday announced a reorganization that marks Chief Financial Officer Susan Decker as a potential successor to the CEO and simplifies its structure as it battles faster-growing rival Google.
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Merck &amp; Co. has adopted a severance plan that offers some executives one-time payments of up to triple their salary plus other perks if the troubled pharmaceutical giant is acquired and they lose their jobs.
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In a surprise move, Yahoo's board announces co-founder Jerry Yang will replace Terry Semel as CEO of the company. Semel will stay on as non-executive chairman, and former CFO Susan Decker will become president of the company.
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Blog: Yahoo Finance general manager leaves