NEW YORK, May 23, 2012 /PRNewswire/ -- The visibility surrounding the forced exodus of major corporate CEOs this month proves again that a company's top executive

Once a strong force in the tech and internet community, Yahoo! has fallen into a long tailspin as of late.

Scott Thompson is the latest CEO for Yahoo promising a splashy turnaround, and despite tech pundits rolling their eyes as if they have heard this all before, the earnings look upbeat for his first full quarter on the job.

Pity the poor Yahoo press officer. It seems that each time Yahoo stubs its toe the world seems to be watching. What’s the latest to befall the once-mighty Search engine giant? More layoffs.

Yahoo is preparing to lay off thousands of employees as part of a massive restructuring, according to multiple sources both inside and outside the company.