Yahoo Inc Chief Executive Carol Bartz could announce major management reorganization as early as next week, according to the blog All Things Digital, a news blog affiliated with The Wall Street Journal. Bartz reportedly sent a memo to employees on Friday in which she said, "Get well-rested, because next week's a biggie."

Bartz is expected to name a new senior management team to help turn around the troubled Internet company, and to roll back reorganizational changes made by former CEO Jerry Yang and President Sue Decker, according to the report.

Shares of Yahoo fell 3.6 per cent after news of Bartz's hire was reported on the Wall Street Journal's website, but the stock recovered to end the day down just one per cent at $12.10 as analysts said the end of the two-month CEO search could help bring some stability to the company.

The reorganization is expected to include a structure where executives like chief operating officer, chief technology officer and a new, more powerful chief marketing officer all report to Bartz, the blog said.

In addition, several sources suggested Bartz may abandon a recent restructuring that split the world into four operating regions, the blog said. Instead, one executive could head the United States and a second head up all international efforts.
Bartz, a former executive chairman at software company Autodesk, took on the Yahoo CEO job six weeks ago. She replaced Jerry Yang, who stepped down in November after buy-out talks with Microsoft collapsed and an online advertising deal with Google fell apart.