Rumor? – Yahoo after hours meeting
Posted by rexdixon on December 5, 2006
Yahoo plans to host a private, internal Webcast for top executives after the close of trading Tuesday, according to a source familiar with the meeting, who added that insiders expect major news.
That news could include significant layoffs or perhaps even the departure of Yahoo Chief Terry Semel, who has come under increased criticism for the company’s disappointing performance, according to the source.
This plays well into the ValleyWag rumor I saw earlier about Yahoo approaching Tom Freston, former CEO of MTV Networks, and then later Viacom.