At this rate, there might not be anyone left to run Yahoo in the near future.
The struggling Internet company has seen a rash of high-level departures since Carol Bartz was fired as CEO.
Interim CEO Tim Morse remains with Yahoo, but plenty of others are gone.
“There is so much turnover; it’s impacting the core business,” Ben Schachter, a Macquarie analyst, tells the NYT. “This company needs to find some kind of stability. There cannot be open-ended speculation.”
Additionally, the bankers overseeing its potential sale are scrambling to sell off bits and pieces or the entire Asian portion of the company.
Yahoo still has a $20 billion market cap, so investor groups are taking time to form. For Yahoo, the faster the better.
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