Yahoo Inc. chief executive officer Jerry Yang faces an exodus of top managers, challenging his effort to turn around the Internet company.

Yahoo Inc. chief executive officer Jerry Yang faces an exodus of top managers, challenging his effort to turn around the Internet company.

If Jerry Yang didn't already have enough problems already, some of Yahoo's top managers are streaming toward the exit.

If Jerry Yang didn't already have enough problems already, some of Yahoo's top managers are streaming toward the exit.

Yahoo , which had been threatening its European operations for the last year to shape up or they would be shipped out, has done just that: it is moving its European headquarters from London to Switzerland, with 70 of its top managers in the UK told to relocate or lose their jobs, reports FT.

Yahoo (NSDQ: YHOO), which had been threatening its European operations for the last year to shape up or they would be shipped out, has done just that: it is moving its European headquarters from London to Switzerland, with 70 of its top managers in the UK told to relocate or lose their jobs, reports FT. The move, nicknamed Operation Toblerone , was made for corporate tax reasons, the story says ...