As as promised on Monday, Yahoo posts a major reorganization this week. But is it any coincidence that less than a day after telling investors that Yahoo might do a search deal, CFO Blake Jorgenson is getting the axe?
I’m sure it is. Probably. Maybe. Here’s what Bloomberg caught him saying yesterday:
Any agreement would have to maximize the unit’s value, Jorgensen said today at an investor conference. He added that it would be extremely difficult to separate Yahoo’s search business from the rest of the company, though not impossible. Under a partnership, Yahoo should continue to have full access to the search-engine data, which the company uses to make its display advertising more effective, he said.
“We want to do it for the right reasons and the right economics,” Jorgensen said.