Yahoo CEO Plans To Quit

Yahoo Chief Executive Officer, Scott Thompson is to step down after accusations that a he lied about his resume which stated he had a computer science degree instead of an accounting degree. With loads of pressure exerted on him by stakeholders, AllthingsD, the Wall Street Journal’s technology blog, reported that Yahoo will say Mr Thompson is stepping down for personal reasons.

For Mr Scott Thompson, it’s a shameful end to a once promising career.  Having worked as a former PayPal executive, at Visa and as a Barclays chief information officer; then became Yahoo CEO only for four months. After laying off about 2,000 staffs to save $375 million, the boss might now be joining the league of extraordinary unemployed men!

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