Yahoo finally gave employees a hint of its future strategy Tuesday.

In a memo obtained by The New York Times, Scott Thompson, the company’s new chief executive, told Yahoo’s remaining 12,000 employees that he was restructuring the company around three core groups: “consumer, regions and technology.”

The consumer business will include media properties, commerce businesses like Yahoo Travel and Yahoo Autos, and social media properties like Flickr. Ross Levinsohn, who previously ran Yahoo Americas, will take over Yahoo’s media business. Shashi Seth, who currently runs Yahoo’s search business, will run Yahoo’s social media properties, e-mail business and Flickr.

The company said it was not ready to name the head of its commerce division but a source inside Yahoo, who declined to be named because he was not authorized to speak publicly, said that the position would be filled by Sam Shrauger, who worked under Mr. Thompson at PayPal and resigned as PayPal’s head of products last week.

Rich Riley, who previously oversaw the company’s operations in Europe, the Middle East and Africa, will take over for Mr. Levinsohn as the head of the company’s Americas division. He will also be in charge of deploying more engineers to Yahoo’s offices globally.

And Yahoo’s technology group will be run by Mark Morrissey, who previously ran the company’s search business. Mr. Morrissey will oversee Yahoo’s research and development arm, Yahoo Labs, and together with David Dibble, who currently runs the company’s data centers, will be in charge of finding ways to leverage Yahoo’s trove of data on its 700 million visitors.

source from nytimes.com, more reading, please visit NYtime.

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