Yahoo’s Yang Steps Down

November 18th, 2008. Filed under: Monday's Musings.

A breaking news alert from the New York Times states that Yahoo CEO Jerry Yang is stepping down as soon as a replacement is found.  Yang has been in the news recently with Yahoo’s little dance with Google and Microsoft.  You can read more about this at Boom Town, including the memo that Yang wrote to Yahoo employees.  Further reading can be found at Techland.  Right now everyone seems to be speculating on the replacement and what this will mean for Yahoo.  Will the replacement be able to turn the company around or will Yahoo’s stock continue to fall?

Leave a Reply