Some clarification: Yahoo isn’t shutting down Right Media’s international ad exchange, but it is “regionalizing” its management structure.
As a part of the re-org, Yahoo offered the six people who run the thing from New York new gigs within the company.
A source close to those employees tells us few if any will remain at Yahoo. Only VP Denise Colella has informed Yahoo of her decision to leave.
In a very good sign for morale at Yahoo (YHOO), our source tells us departing RMX execs aren’t bitter about Yahoo CEO Carol Bartz’s decision to regionalize the team.
“I really have a lot of respect for what [Carol] is doing,” said this source. “She’s created a goal, that’s to be that centre-point online. She’s had to make some unpopular positions [to achieve it].”
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