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Exclusive: Yahoo India Is Laying Off Everybody in India. Everybody
- kkanojia 12y agoHow credible is the source? I Dont see this news anywhere else.
- Shivetya 12y agohttp://www.medianama.com/2014/10/223-layoffs-yahoo-india/ http://www.medianama.com/2014/10/223-layoffs-yahoo-india/
- discardorama 12y agoTechCrunch: http://techcrunch.com/2014/10/07/yahoo-lays-off-employees-in-india-reportedly-up-to-2000-affected/ http://techcrunch.com/2014/10/07/yahoo-lays-off-employees-in...
- loneranger_11x 12y agoIs this legit? None of the larger media outlets are not reporting this yet.
- loneranger_11x 12y agotypo *None of the larger media outlets are reporting this yet.
- san86 12y agoNDTV did. Not too much details though.. http://gadgets.ndtv.com/internet/news/yahoo-confirms-bangalore-office-restructuring-refuses-comment-on-extent-of-reported-layoffs-603190 http://gadgets.ndtv.com/internet/news/yahoo-confirms-bangalo...
- yarper 12y agoIf this isn't related to cost, what is it related to? Quality? "Consolidation" is a bit misleading if so. Seconded on more sources needed.
- eloisant 12y agoCutting employees in India instead of US or Europe is clearly not a way to reduce cost.
- mechazawa 12y agoSo it's quallity?
- TheHypnotist 12y agoI don't know the salaries of Yahoo US vs Yahoo India, but please explain how cutting employees in any country isn't a way of reducing costs.
- crpatino 12y agoPresumably cutting down 2000 jobs in India would achieve the same cost saving as cuting ~500 jobs in US/EU.
- yarper 12y agoProviding they are of equal skill, that's true. The article suggests it's not because of cost, that just leads me to ask why they would do it.
- ambrood 12y agoSome of the smartest colleagues I had at Yahoo were based in India. The way Yahoo worked, all interesting projects/teams were based in SNV with satellite offices working on maintenance projects and legacy stuff. So sunsetting of projects might explain this.
- brianbreslin 12y agoWasn't yahoo eliminating remote/work from home options for its US based employees? So they realized they want to bring all the workforce to one place, and aren't getting the cost advantages of previously much lower wages afford?
- _mulder_ 12y agoMisleading headline... Why emphasise 'Everybody' in the headline when this is not the case?! From the article: "out of 2250+ people in Yahoo SDC Bangalore, only 250 remain". Well, if 250 people will remain (plus the "Yahoo India teams, which looks at Yahoo.in web properties [which] are untouched") then quite simply, this is not 'everybody'. "Yahoo India is Laying Of 89% of it's workforce in India" is just as click-baity, but 100% more honest.
- plinkplonk 12y agoI think the 250 are those who manage the Yahoo.in teams. It seems pretty legit (fwiw, I don't have any 'secret' information, but the rumour all over town - I live in Bangalore fwiw ) ). And yes the headline is exaggerated a bit. Hey more clicks.
- ewzimm 12y agoThat's not even correct. Yahoo Software Development Center is either laying off or transferring 89% of its workforce to consolidate its engineering. There are other Yahoo operations intact, and Yahoo is still in the process of investing in Indian startups; at least they recently acquired Bookpad. The "everybody" part is just hyperbole.
- chris_wot 12y agoThis seems to be unconfirmed rumour.
- discardorama 12y agoIt's on TC too: http://techcrunch.com/2014/10/07/yahoo-lays-off-employees-in-india-reportedly-up-to-2000-affected/ http://techcrunch.com/2014/10/07/yahoo-lays-off-employees-in...
- apo 12y ago404 edit: now it's back
- mcphage 12y agoThere's over a billion people in India! Those bastards!