Yahoo (NSDQ: YHOO) India has asked 45 full time employees to put in their papers, reports Business Standard, quoting a source who says that over 100 employees may be asked to quit. Additionally, a senior employee has told BS that recruitment has been slow ever since the Microsoft (NSDQ: MSFT) bid.
This may be a part of job cuts taking place worldwide at Yahoo, which is expecting to lay off around 1000 people globally. CEO Jerry Yang had mentioned a 1000 “Targeted” job cuts in an investors earnings call last month, and “a strategic workforce realignment” by mid-February, aimed at eliminating “redundancies in bureaucracy” and redeploying talent. We’ve contacted Yahoo India for a confirmation, and more info.
Update: Sharad Sharma, Yahoo’s R&D chief in India, has confirmed the layoffs.
Posted in: Companies, Yahoo

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