Yahoo Losing Two More

| About: Yahoo! Inc. (YHOO)

Yesterday we reported that Jeff Weiner, executive vice president of Yahoo’s (NASDAQ:YHOO) network division, had submitted his resignation. Now we are hearing of two more prominent departures from the beleaguered company.

NYT Bits is reporting the departure of Usama Fayyad, chief data officer and EVP of research and strategic data solutions, which is expected to be officially announced later today. According to the report, Fayyad has been “in charge of mining the terabytes of data collected by the company to improve things like the targeting of ads and content to Yahoo users.”

Veteran developer Jeremy Zawodny also has announced on his blog that he will turn in his purple badge in the next few weeks. Zawodny has been with Yahoo since 1999, helping to spearhead important projects like the Yahoo Developer Network.

This has not been a good day for Yahoo. Its stock has plummeted since the news of its expected joint announcement with Google and unraveling of talks with Microosft broke earlier.

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