By Brandon Bailey
San Jose Mercury News (MCT)
SAN JOSE, Calif. — Yahoo CEO Scott Thompson unveiled a much-anticipated reorganization plan on Tuesday, in a memo that said the struggling Internet pioneer will focus its efforts in three main divisions that he hopes will build closer ties with consumers and advertisers.
Thompson planned to discuss the changes during an "all-hands" meeting with employees Tuesday, a week after he announced plans for to cut 2,000 jobs, or about 14 percent of Yahoo's workforce. The new CEO is under pressure to return the Sunnyvale, Calif., company to growth after a period in which revenue and profit have steadily declined.