Earlier this morning, word started getting out that Yahoo is laying off a significant number of people at its India development center: an update appeared on Facebook earlier this morning, and later today, was followed up by tweets indicating that employees were being offered 5 months of severance pay, and November 7th 2014 was to be their last day. Hearing about Y! India Development Centre Layoffs. Nov 7 Last day. 5 month severance pay. #Yahoo #IDC — Balaji B (@aquarianiyer) October 7, 2014 Our email and a call to Nitin Mathur, Yahoo India's Head of Marketing, sent this morning, remained unanswered until Nextbigwhat did a story saying that "Yahoo Is Laying Off Everybody In India. Everybody" and "2250+ people in Yahoo SDC Bangalore, only 250 remain (some of them have been given an option to go to Sunnyvale office)". A Yahoo India representative told us on a call that that story is incorrect and the India R&D center Development Center isn't being shut. They declined to confirm the number of layoffs reported by Nextbigwhat, or offer any comment on the nature of the layoffs. On mail, we got a boilerplate statement that really doesn't say anything at all: "As we ensure that Yahoo is on a path of sustainable growth, we’re looking at ways to achieve greater efficiency, collaboration and innovation across our business. To this effect, we're making some changes to the way we operate in Bangalore leading to consolidation of certain teams into fewer offices. Yahoo will continue to have a presence…
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