Topic: Restructuring

Sundar Pichai Appointed Google CEO As Google Becomes Division Of Alphabet Inc.

In a totally unexpected development this afternoon, Google announced that it had formed a new holding company, Alphabet, Inc., and that Google would be a wholly owned subsidiary of that entity. In addition, Google co-founders Page and Brin will become CEO and President of the new company, respectively, turning over daily control of Google to Sundar Pichai, who […]

Yahoo To Shutter AltaVista, Axis & Several More Products

Out with the old. Out with the new. Yahoo’s latest round of spring cleaning includes the shut down of one of the web’s oldest search services (AltaVista) and one of the newest (Yahoo Axis), along with 10 other Yahoo products and services. Goodbye AltaVista Yahoo says AltaVista will be shutting down on July 8th. AltaVista […]

SEO

Yahoo Clues, App Search & Other Products To Shut Down April 1

Marissa Mayer is tightening Yahoo’s belt. Since taking over as Yahoo’s CEO, she’s spoken repeatedly on the need to zero in on being part of its users’ “daily habits.” Today, the company announced the shut down of seven products that don’t fit that “daily habit” mantra. Included in the group are a couple search-related products, […]

SEO

8 Products That Might Be On Yahoo’s Chopping Block

Yahoo’s product teams are officially on notice. Shortly after announcing Q1 earnings yesterday, new Yahoo CEO Scott Thompson dropped a bomb during the analysts’ call when he said the company will be “shutting down or transitioning roughly 50 properties that don’t contribute meaningfully to engagement or revenue.” He went on to say that Yahoo’s focus […]

SEO

Yahoo Q1: Revenue Beats Expectations, Search Up 8 Percent

A short while ago Yahoo released Q1 earnings, which exceeded financial analysts’ consensus estimates. Total revenue was $1.22 billion, up 1 percent year-over-year (YoY). Net earnings were $286 million, representing 28 percent YoY growth. Total search revenue was $470 million, up 3 percent vs. last year. Search revenues (ex-TAC) were up 8 percent to $384 […]

SEO

Yahoo’s Re-Organization: Search Stays Alive, At Least On Paper

Following last week’s layoffs of about 2,000 employees, new Yahoo CEO Scott Thompson announced today an overhaul of the company’s structure — and, despite concerns about the future of Yahoo search, it remains alive. At least in the memo that Thompson sent to Yahoo employees this morning. Yahoo’s new corporate structure will take effect on […]

SEO

Yahoo Confirms 2,000 Employees Getting the Axe

After several days of rumors, first reported by AllThingsD, Yahoo confirmed this morning that it’s restructuring and laying off 2,000 employees: Today, the company will begin the process of informing employees about these changes. As part of that effort, approximately 2,000 people will be notified of job elimination or phased transition. Yahoo! expects to realize […]

SEO

Will Pending Layoffs Put Final Nail In Yahoo Search?

Whatever is left of Yahoo Search — and, frankly, that’s unclear at this point — might be gone completely within the next couple of weeks. At AllThingsD today, Kara Swisher is reporting that Yahoo is planning substantial layoffs as early as next week, with a company restructuring to be revealed the week after that. Swisher, […]

SEO

Yahoo Doesn’t Replace Head Of Sales, Joanne Bradford

AllThingsD reports Yahoo has decided to restructure their sales team without appointing a new head of sales to replace Joanne Bradford. Instead, Yahoo will have several people report directly to Hilary Schneider, Yahoo’s EVP of Americas Region. “This elevates the strong talent and brings a broader set of voices one step higher in the organization,” […]

SEO

AOL To Cut Staff By One-Third

In a Security and Exchange document filed on Tuesday night, AOL plans on cutting about one-third of their staff, about 2,300 people. The filing said, “the Restructuring will include the reduction of approximately a third of the Company’s current employee base, which will be conducted on a voluntary and involuntary basis.” AOL became an independent […]

Yahoo Shutting Down Jumpcut Video Service

After disabling new uploads in December, Yahoo will formally kill off Jumpcut in June. More than just a video upload-and-watch site, Jumpcut allowed users to share videos and photos, creating essentially a library of “stock” clips and images that any user could include in his/her own videos. It also offered online video creation and editing […]

Microsoft Cuts Live Labs Staff By Half, Will Focus On Search

PaidContent.org reports that Microsoft’s Live Labs group has been cut in half, and the remaining crew will focus only on search. The departing team members will move on to other Microsoft product groups, such as Live Search, Windows Mobile, and Microsoft Advertising. In a post on the Live Labs Blog, Microsoft downplays the changes: “…moving […]

Google To Cut 200 Sales & Marketing Staffers

Google has just announced plans to cut almost 200 people from the sales and marketing teams around the world. According to the announcement, the affected employees will be given time to find new positions at Google and/or help in locating a job elsewhere. They’ll also give severance packages to those who leave the company. Says […]

Yahoo Closes The Cabin Door On FareChase

FareChase, Yahoo’s discount travel search engine, is shutting its doors today. An alert on the FareChase web site indicates that today is the service’s final day, and encourages users to instead use Yahoo Travel. In her first conference call back in January, new CEO Carol Bartz said “everything’s open for examination” when it comes to […]

Yahoo Mobile Head Boerries To Leave, How Will It Affect Yahoo Mobile?

AllThingsD is one of several sources reporting that the EVP of Connected Life at Yahoo, Marco Boerries, will be leaving the company ahead of the anticipated management reorganization. AllThingsD’s Kara Swisher speculates that this may result in a “cut back” in mobile efforts at Yahoo: It’s unclear what the impact of Boerries’ departure on Yahoo’s […]

SEO

Yahoo CEO Bartz to Reorg for More ‘Top-Down’ Authority

It’s probably safe to say that Yahoo has lots of fans rooting for the company to succeed under the management of new CEO Carol Bartz. In my vicarious observation of Bartz I’ve come to appreciate her no-nonsense approach and sense of humor. And as could have been anticipated after her appointment, another Yahoo reorganization is […]

Google Ends Google Video Uploads, Shutters Notebook, Catalog Search, Dodgeball & Jaiku

Google’s announced they’re closing or ceasing development of a variety of products as part of an already continuing move to keep efforts focused on other products with greater usage. These include an end to video uploads to Google Video, closure of Google Catalog Search, Google Notebook, Dodgeball, the microblogging service Jaiku and the Google Mashup […]

SEO

SearchBiz: MSN Staff Shuffles; GOOG Gains; eMarketer On 2009 Ad Spending

AllThingsD and paidContent.org are both reporting on staffing changes at MSN. AllThingsD calls it a case of “musical chairs,” and that seems pretty accurate based on a memo sent out by Greg Nelson of the Global Media Group. Nelson himself is now under Satya Nadella, Senior VP of Search, and Erik Jorgensen, Corporate VP of […]

Yahoo Acquisition Architect Johnson Departs Microsoft

Kevin Johnson, who was arguably the primary architect of the now apparently failed Yahoo acquisition, is leaving Microsoft to run Juniper Networks. Simultaneously, the company is reorganizing the division that Johnson ran (“Platform Services”) into two: Windows and Windows Live + Online Services. Here’s the official Microsoft announcement from yesterday. The company announced no immediate […]

Triage Time For Yahoo, Delicious Founder Latest Departure

Are we watching an awkward transition at Yahoo or something more like a collapse? To declare my biases openly, I hope it’s the former. Yahoo and Google need strong competitors to keep them on their toes. But what’s happening at Yahoo certainly does not look good. The company has gone through several “reorgs” in the […]

Obit: A West Coast Digerati Deadpools Ask.com

Goodbye, Ask.com. You caught my eye back in 1997 as an unusual meta search engine that asked questions to get answers. By 1998, I counted you alongside Google and Direct Hit as shining examples of what to watch in search. You’d dumped depending on others for search results and started providing answers using your own […]

SEO

IAC Cuts 8% Of Ask.com & Kills Search Engine

IAC’s Ask.com to Cut Staff, Outlines New Search Strategy from the Wall Street Journal reports IAC has cut 8% of Ask.com’s workforce, by letting go 40 people. Not only that, the Wall Street Journal says IAC is changing the strategy of the search engine to “focus to better answering search queries posed as questions.” Ask’s […]

Official: Microsoft Management Reorg Announced; Dueling Ad Groups?

We expected a management shuffle from Microsoft today, and now they’ve delivered it. The company has announced seven new senior vice presidents and seven new corporate vice presidents. I’ll focus on the search and advertising front, where we now have two different senior vice presidents overseeing advertising. Best I can tell, one’s looking after search […]

Microsoft Executive Shuffle Goes “Live”

The anticipated Microsoft reorganization is now happening. We wrote about it previously with respect to the ouster of Steve Berkowitz. Some are speculating that these changes anticipate a future integration of Yahoo into the company. But Mary Jo Foley says they were in motion well before the announced bid. (NOTE: See Official: Microsoft Management Reorg […]

SEO

Yahoo Seeks To Boost Europe Operation With New Hire

According to the Guardian, Yahoo has named former BlackBerry and Orange executive Kristof Fahy to be vice president of marketing for Europe. Fahy is a seasoned executive facing a challenging time for Yahoo, which has properties across Europe that are performing in an uneven fashion. The article goes on to say, “poorly performing parts of […]

SEO

Yahoo Reorganizes, Schneider Now Sits Atop Sales & Marketing

The New York Times and PaidContent report on a new reorganization at Yahoo. Among the changes, Executive Vice President of Sales Greg Coleman will be leaving Yahoo early next year and Hilary Schneider has been promoted to EVP to lead a new group called “Global Partner Solutions,” which is now responsible for sales, marketing and […]

PPC

Yahoo Merges Search & Display Ad Teams, Karnstedt Heads Up Team

Yahoo announced that they are combining its search ad and display ad teams. As part of this move, David Karnstedt will be heading up North American sales. Karnstedt was Yahoo’s senior vice president of Yahoo’s search sales business and is now head of US sales overall. Wenda Harris Millard, Yahoo’s Chief Sales Officer in the […]

PPC

Searcharazzi: Let the Layoffs Begin

Listen up, HR managers, there’s a fresh crop of search employees on the block. iCrossing commenced a round of layoffs this week. Rumor has it that the new CFO, Michael Jackson, is not driving continued growth, but cutting the fat based on profitability of offices and accounts. As of this morning, 20-30 employees have been […]

Microsoft’s “Third Era” Of Search Begins With Departure Of Search Chief Christopher Payne

Microsoft’s top search executive leaving company from the Seattle PI covers Microsoft’s Christopher Payne reportedly leaving the company. The AP also reports similar news from its sources. Payne took over search efforts at Microsoft back in 2003. He oversaw what I’d call Microsoft’s "second era" of search, that of developing a crawler-based search engine to […]