Yahoo CEO Outlines New Corporate Structure

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Yahoo CEO Scott Thompson has a new plan for the company that moves beyond the current "layoff off thousands and hope for the best" strategy.

According to a memo obtained by The Associated Press, the new structure aims to improve users' experience with Yahoo, work closely with advertisers in different regions of the globe, and strengthen the company's technology group. "It's time for Yahoo to move forward, and fast," Thompson said in the memo distributed to staff.
 
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