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Yahoo Announces Realignment Plan

Published on: June 26, 2008 at 11:06 AM ET
Bertel King, Jr
Written By Bertel King, Jr
News Writer

Yahoo has announced a new organizational “realignment plan.”

As part of the plan, the company is creating a handful of new teams: an audience products division, responsible for product strategy and management; a U.S. marketing division, responsible for all American marketing plans; and an insights strategy team, responsible for overseeing data and analysis use within the company.

Yahoo is also planning some technological changes, such as the creation of a “world-class cloud computer and storage infrastructure” to encourage better communication between its product and engineering divisions.

Ultimately, the changes amount to a lot of internal shuffling and organizational tweaks to — as Yahoo says — “improve its products, technologies and execution.” And perhaps boost its shares, too.

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