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Yahoo’s chief operating officer has departed unexpectedly

Jobsbook.net Jan 16,2014 0 Comments

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Yahoo’s chief operating officer has unexpectedly departed the company just over a year after he was hired to turn its advertising business around.

Henrique de Castro, Yahoo’s second most senior executive, is leaving this week. No reason was given.

His departure deals a blow to the firm’s efforts to revive flagging sales and internet traffic in the face of increased competition from rival sites.

It may also be an expensive loss for chief executive Marissa Mayer.

Read more from BBC

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