Yahoo to Spin Off Its Core Businesses
Yahoo had to do this.  They had been hanging onto the belief that the IRS wouldn't tax their Alibaba spin out, a belief that they and their tax accountants alone believed.<p>Most telling is that Yahoo was up after the markets closed on this news.  Heck Bloomberg just sent me a note saying the sentiment of the news on Yahoo was very positive, even the machines like this news:)<p>Sadly this probably means 3 things are going to happen in the next 6 months:<p>1) The CEO leaves, and is replaced by an interm CEO from a PE firm who will negotiate the wind down of Yahoo.<p>2) There will be a lot of companies coming to look at Yahoo.  If a deal can be done quickly then I don't think there will be layoffs right away.  If no deal can be reached quickly then in 6 months I'll bet there is a very large round of layoffs as the company shutters what it can't sell to make the rest of Yahoo look more appetizing.<p>3) If Alibaba buys the holding portion of Yahoo( Alibaba and Yahoo Japan) then look for Alibaba to seek to acquire the rest of Yahoo Japan.<p>From teh article:<p>> Yahoo’s shift in strategy comes as Ms. Mayer and her husband, Zachary Bogue, are expecting the birth of twin daughters this month<p>I hope she takes a full year off, if not more.  The past 4 years couldn't have been easy on her.  It will be interesting to see what she does next.<p>It's clear she's great at product design and not so good at people skills.  Unfortunately, that doesn't fit well with becoming a CEO again.