Yahoo may reveal revamping next week - report

Yahoo Inc. chief executive officer Carol Bartz could announce a major management reorganisation this week, according to the blog AllThingsD.

The Wall Street Journal-affiliated blog, citing several sources inside and outside the internet company, said the revamp would likely come on tomorrow, although it could be pushed out a week or two or rolled out in pieces.

Mrs Bartz sent a memo to employees on Friday in which she said, "Get well-rested, because next week's a biggie."

Yahoo officials declined to comment. A source at Yahoo, who was not authorized to speak publicly about the issue, said rumours of a reorganisation were swirling within the company.

Yahoo, the leading provider of online display advertising, has been under pressure for nearly a year as it held fruitless merger or partnership talks with Microsoft Corp., Google Inc. and Time Warner Inc's AOL.

During that time, Yahoo lost market share in search advertising, while display ad sales have been badly hit industry-wide by the US recession.