wordpress blog stats
Connect with us

Hi, what are you looking for?

Yahoo’s Editorial layoffs hit India

Yesterday Yahoo India laid off over half of its editorial team based in Bangalore, MediaNama has learned from multiple, reliable sources. On being contacted with a request for verification, a Yahoo spokesperson told MediaNama that "Our practice is to not comment on internal matters. We constantly make changes to better align our resources and investments with our strategic priorities." This is essentially the same statement given to Wall Street Journal, which indicates that 100-200 jobs are being cut globally by the company, and mentions that they impact 35% of the editorial staff in Canada. The reasons given for the eight people laid off were global reorganization and restructuring. According to the source we spoke to, Yahoo India's editorial team size has been reduced from 14 to 6. At one time, Yahoo India had an editorial team of 32, we are told. What one source found surprising was that Yahoo has laid of three of four members from its sports editorial team at the peak of the ICC Cricket World Cup, a significant revenue earning opportunity for the company. It's worth noting that at one point in time Yahoo India had an exclusive three year deal with the ICC which included the World Cup, and had launched a cricket focused site. One source told us Yahoo CEO Marissa Mayer's focus is only on the US. "Marissa's entire focus is the US. She doesn't care what happens in the regional markets," a source said. "If they lose resources in the regional markets, that's okay…

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

Free Reads

News

According to Russian investigators, Stone had published online comments that defended hostile and violent actions against Russian military personnel.

News

bank-owned P-PA services do not require any authorization, but will also have to ensure compliance with other requirements for P-PAs.

News

However, it is possible to opt-out of the clause by emailing an opt-out notice to arbitration-opt-out@discord.com within 30 days of April 15, 2024, or...

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