Monday, November 20, 2006

FT.com / Companies / Media & internet - Yahoo under pressure after leak

So maybe not an intentional (at least not top-down) leak...  The Wall Street Journal published the full memo. 

Terry Semel, chairman of Yahoo, is set to come under heightened pressure this week following the leak over the weekend of an internal memo that amounts to a stinging indictment of his leadership of the flagging internet company.

The memo, written by Brad Garlinghouse, a senior vice-president, paints a picture of a company that lacks a cohesive vision, has become beset by bureaucracy and has lost the edge to compete with faster-moving internet companies.

Source: FT.com / Companies / Media & internet - Yahoo under pressure after leak

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