Yahoo Europe Gets New Hire, Facing Possible Closing

Posted by Free on November 30th, 2007 at 11:39am

Though Yahoo Europe has been given until the end of the first quarter next year to improve their numbers or face closing, their new hire of Kristof Fahy - former brand manager for BlackBerry and telephone service provider Orange - shows they do not plan on going out without giving it a hard shot.

Fahy dealt with brand, planning and advertising for the mobile operator Orange’s UK business. Something Yahoo needs in Europe where they have a track record of abandoning products.

The growth of international search resurrected their interest in non-US countries and purchases of companies like Terespondo, the Latin search engine for Spain and South America.

Toby Coppel, the Yahoo! Europe managing director said recently “that poorly performing parts of the European business have until the end of the first quarter next year to improve or faced being closed down or sold,” the UK Guardian reported.

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[Source: Search Engine Watch Blog]

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