Digital media business Yahoo! has announced restructuring plans this week, which will see around 2,000 people being “notified of job elimination or phased transition”.
Scott Thompson, the company’s CEO, said “We are intensifying our efforts on our core businesses and redeploying resources to our most urgent priorities. Our goal is to get back to our core purpose - putting our users and advertisers first - and we are moving aggressively to achieve that goal.”