wordpress blog stats
Connect with us

Hi, what are you looking for?

, ,

Yahoo Layoff Reports: 40-60 Jobs Cut In India; Finance, Toolbar, HotJobs

yahoo india layoffs

Official word in from Yahoo: "We got the notification on the layoffs yesterday, and have completed the process." Yahoo has declined to comment on specifics.  Original Story: Wednesday was or is layoffs day at Yahoo, depending on where you are based. The company cut around 1500 jobs worldwide, and India appears to have been affected too. I haven't yet heard from anyone who has been laid off, but there are updates on twitter from some who have retained their job. A roundup of the reports, some of which are unconfirmed (we've contacted Yahoo India for a confirmation). Here goes: -- Bangalore job cuts: 3% jobs cut in Bangalore with 4 months severnce according to an unconfirmed SAI report. Around 40 jobs according to the Indian Express, 50 jobs according to ToI, and 60 as per Manorama Online. -- A possibly unrelated move, but ToI reports that Yahoo India's Chief Information Officer Vishwanathan Krishnamurthy has quit. -- Finance outsourced: "Entire Finance group will be outsourced to an Indian vendor. Some will stay an additional 6 months for transistion." Via SAI -- Toolbar engineering moved to Bangalore: "Yahoo toolbar entire engineering and QA team in US are got, all moved to Bangalore. Via SAI -- HotJobs team has been wound up: some have been redeployed, and some have been asked to leave. Via ToI You can follow the Yahoo layoff updates on Twitter here...many of them are from people who're looking to hire, or offer best wishes and support. Update: Read Jerry Yang's letter to…

Please subscribe/login to read the full story.
Written By

Founder @ MediaNama. TED Fellow. Asia21 Fellow @ Asia Society. Co-founder SaveTheInternet.in and Internet Freedom Foundation. Advisory board @ CyberBRICS

Free Reads

News

Telecom companies are against a regulatory sandbox, as they think information revealed by businesses during the sandboxing process might be confidential should be out...

News

According to a statement, the executive body of the European Union had also sought internal documents on the risk assessments and mitigation measures for...

News

The newly launched partially open-sourced LLM Grok-1 can be commercially used but not trademarked.

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

NPCI CEO Dilip Asbe recently said that what is not written in regulations is a no-go for fintech entities. But following this advice could...

News

Notably, Indus Appstore will allow app developers to use third-party billing systems for in-app billing without having to pay any commission to Indus, a...

News

The existing commission-based model, which companies like Uber and Ola have used for a long time and still stick to, has received criticism from...

News

Factors like Indus not charging developers any commission for in-app payments and antitrust orders issued by India's competition regulator against Google could contribute to...

News

Is open-sourcing of AI, and the use cases that come with it, a good starting point to discuss the responsibility and liability of AI?...

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ