Times Internet is significantly scaling down its Indiatimes Shopping (e-commerce) operations, MediaNama has learned from multiple sources at Times Internet: Subhanker Sarker, who was brought in from MyDala to lead Indiatimes Shopping a year ago, will no longer be heading the business, operations are being scaled down, and there have been layoffs. A Times Internet spokesperson, on being contacted initially by MediaNama, said that it would not comment on internal company matters, and has not responded to further queries. We have not been able to ascertain whether Sarker is going to stay with company, but our sources say that he has been given the option to take up another role within Times Internet. Sarker is currently on vacation (and International roaming), but was to speak with us last week; he has been unavailable for comment since, and has not responded to text messages. V Nagarajan, Head of HR at Times Internet, declined to comment on whether Sarker is still with the company, as well as on his role in the organization. From what multiple sources tell us, Saurabh Malik has taken over as interim in-charge of Indiatimes Shopping. Malik hasn't responded to our calls after initially telling us he'll get back to us. We had also heard that around 25-50 people had been laid off at Indiatimes Shopping a couple of weeks ago, but a senior Indiatimes Shopping exec, speaking with MediaNama on condition of anonymity, said that the even though focus of the company is on reducing the burn, there…
