According to sources close to the situation, Yahoo has been preparing to make big changes to its media unit, restructuring and consolidating it, including making cuts and shuttering some efforts. Some expect that such changes could be announced inside Yahoo this week, part of a series of recommendations by McKinsey & Co., the consulting company that the Silicon Valley company has hired to rethink its overall business. But the timing is unclear amid all the other bigger issues percolating inside the company this week.
Source: Yahoo May Unveil Restructuring of Media Unit, Make Spinoff Decision | Re/code