Yahoo To Bring 'The Hammer' With Big Layoffs This Wednesday

scott thompson yahoo

Photo: Flickr/Yodel Anecdotal

Yahoo is preparing to fire thousands of employees, with its International divisions to get hit the hardest, Sarah Lacy at PandoDaily reports.This is all part of new CEO Scott Thompson’s plan to radically change Yahoo.

Lacy says he’s been consulting with the Boston Consulting Group on these layoffs.

The U.S. layoffs are coming Wednesday, and International on Thursday.

NOW WATCH: Tech Insider videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at