Yahoo (YHOO) is preparing a massive restructuring, including layoffs likely to number in the...

|By:, SA News Editor

Yahoo (YHOO) is preparing a massive restructuring, including layoffs likely to number in the thousands, according to multiple sources. The move is part of a number of aggressive actions being taken by new CEO Scott Thompson. The company officially employes 14.1K, but also has a large contingent of software contractors.