My favorite anecdote collected so far about new Yahoo CEO Carol Bartz is the one in which she called together two separate groups of execs who were direct reports of former Yahoo CEO Jerry Yang and President Sue Decker.

Bartz, several sources recounted, went around the table and asked them one by one what they actually did, making various outspoken comments along the way about management.

Stories like this about Bartz’s take-charge style have been ricocheting through Yahoo as she navigates the troubled company to come up with a plan to revive it.

But of all the various things many employees I have talked to hope she does first is dump the “matrix” organizational structure that many at Yahoo have grown to despise.

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Time Inc., the largest magazine company in the world, is laying off hundreds and reorganizing itself drastically, due to tough economic conditions, especially in advertising, as well as the more inexorable diminishing of its business as readers move to the Web.

Time Inc. Chairman and CEO Ann Moore penned the email memo to employees tonight. She tried to tout gains in its digital business–part of the reason for the reorg is to move more of its content to Web platforms–noting 26 million people visit its Time Inc. sites monthly. Not good enough it seems.

Here’s the memo.

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Microsoft’s not the only one backing billionaire investor Carl Icahn in his quest to unseat Yahoo’s leadership and board–major Yahoo investor Gordon Crawford told Yahoo CEO Jerry Yang in a face-to-face meeting last week that he was seriously considering voting against Yahoo in the looming proxy fight.

The troubled meeting that took place last Tuesday in Los Angeles between Capital Research Global Investors’ Crawford and Yang–accompanied by three Yahoo board members–could be seen as a portent of what is to come at the company’s annual meeting on August 1.

And those signs are definitely not good for Yahoo’s current leaders.

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As BoomTown reported last night, the Yahoo reorganization will be unveiled later this morning, with the slate of execs that this column outlined last week in its gory–oops, I mean, glorious–detail.

Sources said a more substantial public announcement has been pushed by Yahoo’s board–apparently, an internal email to employees was considered too–to show Yahoo’s new team and that the company still has a strong bench, despite a lot of exec departures of late.

Some more news: Yahoo will name Scott Dietzen to take over the job of SVP Brad Garlinghouse, running all communications and community properties and products under Patel.

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As expected, Yahoo will announce its reorg tomorrow morning, along the same lines as BoomTown outlined in detail last week.

The only issue that arose was over the appointment of Ash Patel to head the new Global Products group. His appointment was greeted with internal dissent, but Yahoo CEO Jerry Yang was said to have insisted that Patel remain on as planned.

Last week, I outlined the sweeping internal changes at Yahoo, which will again dramatically change the structure of management.

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Where oh where shall we begin on such a juicy and newsy day for the beleaguered Internet giant–or, as I will henceforth refer to Yahoo, BIG, given “beleaguered” has become the adjective that has been sticking most tenaciously to the company of late.

Well, of course, the big news at the BIG is yet another reorg, [...]

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The photo montage and guide I did of the Facebook management ranks of late was well received, so it is clearly time for one for Yahoo, if only to aid those completely confused by all the comings and goings in upper management.
One difference compared to the all-male revue at Facebook (I know there are some [...]

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Since I have a blog, why shouldn’t I just post the WHOLE memo from Yahoo President Sue Decker (pictured here) to the troops today on the new reorg?
Why not, indeed!
I already reported on the key parts of this earlier today, but I like to give the people the primary sources, so they can enjoy it [...]

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