Just to compound the woes of everyone involved, it appears departing Yahoo! CEO was diagnosed with cancer last week.
Scott Thompson is attempting to portray his Yahoo! bio 'error' as a sin of omission, rather than commission. It seems few believe him. Falling on his sword over the weekend suggests he didn't believe it himself, either.
Yahoo CEO Scott Thompson has handed in his resignation after further evidence emerged that he deliberately misstated his academic credentials, according to a News Limited report. Thompson, who was the president of eBay before his current role at the troubled Internet giant, could face termination without any severance pay because his bio wrongly stated that he has a computer science degree.
One of the problems with telling a rather public fib is that one has to keep on telling it in order to maintain the status quo. So it was with newly-appointed Yahoo! CEO Scott Thompson.
Yahoo! has confirmed the widely-reported number of 2000 staff that will be let go. The mass lay-offs is tipped by some to be just the first stage of a major restructure.
The word is - radical head-count cuts at Yahoo, particularly in the International divisions.
Following the reporting of a dispute as to the authenticity of an antique violin, PayPal demanded the buyer destroy the item and provide photographic proof. At least it wasn't a goldfish or a puppy.
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