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 its financial results. Yahoo spokespersons were unavailable for comment.
Yahoo does not disclose its employee strength in India, though company is reported to have between 1500-2000 employees. According to our sources, the layoffs have been across the board. Around 45 people were laid off last Friday, according to one source.
At the same time, Yahoo does continue to hire in India – the Economic Times had recently reported on Yahoo’s plans to hire 150 people in the country, basing this assessment on the number of job openings listed on Yahoo’s careers page.
Not related to the layoffs: MediaNama has also learned that Rishi Behal, Director (Search and Strategic Alliances) at Yahoo put in his papers last month. According to his LinkedIn profile, Behal was at Yahoo for eight years; prior to joining Yahoo, he had worked at Living Media (India Today).
— Q1-09 Call: Globalizing Yahoo; Product People On The Block; Clickthroughs, Pageviews Down
— Q1-09: Yahoo Net Profit Down 78% At $118.7 Million; Firing 5% Employees Worldwide
— Yahoo Layoff Reports: 40-60 Jobs Cut In India; Finance, Toolbar, HotJobs