"Marissa Mayer is gearing up for yet another turnaround plan for Yahoo! Inc. Given the company’s persistent growth slump, even a sweeping overhaul may do little to fend off activist investors threatening to wage a proxy war aimed at her removal.Marissa Mayer to Make Case That Yahoo Can Be Turned Around - Bloomberg Business
Yahoo’s chief executive officer, who has overseen falling sales in 7 of the past 10 quarters, promised to detail a plan to cut costs and boost growth. The effort, set to be announced with quarterly earnings Tuesday, will probably include job cuts, a person with knowledge of the matter has said."
Monday, February 01, 2016
Marissa Mayer to Make Case That Yahoo Can Be Turned Around - Bloomberg Business
Yahoo's latest turnaround plan to be announced on Groundhog Day