Update: Surya Mantha, CEO of Web18 has informed MediaNama that “We have entered into a strategic relationship with HomeShop18, and and we do not our fulfilment function, which has become ... Continue_Reading

  Subsequent to NDTVs announcement of financial results for the year ending March 31st 2008, wherein the company announced plans for a 20% reduction in workforce and costs, we spoke to ... Continue_Reading

Media company NDTV is going to reduce the number of personnel by over 20% in the immediate term, which the company claims will help it in cash reduction in several cost heads in ... Continue_Reading

Yahoo India has laid off around 4% employees, MediaNama has learned from reliable sources. This follows the companys announcement of 5% layoffs across the board last week, when Yahoo announced ... Continue_Reading

IMPORTANT UPDATE While we enourage an healthy debate on the layoffs, please ensure that you don’t make any personal remarks against any individuals or slanderous remarks about the organization. We already ... Continue_Reading

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 ... Continue_Reading

Zapak is not planning to shut down its Bangalore office, COO Rohit Sharma told MediaNama. A recent blog post in Pluggd.in (a blog by a Yahoo employee), had claimed yesterday ... Continue_Reading