Massive job cuts at Yahoo, 400 laid off in Bangalore

Web-giant Yahoo Inc laid off 400 employees in its Yahoo
Software Development Centre (SDC), situated in
Bangalore, to cut costs and seek new areas of growth.
The job cuts mostly happened with product teams, and
some employees were offered positions in the company's
Sunnyvale, California, headquarters.
A Yahoo spokeswoman confirmed that company
consolidated teams in Bangalore but declined to give
details: "As we ensure that Yahoo is on a path of
sustainable growth, we're looking at ways to achieve
greater efficiency, collaboration and innovation across
our business. To this effect, we're making some changes
to the way we operate in Bangalore leading to
consolidation of certain teams into fewer offices. Yahoo
will continue to have a presence in India and Bangalore
remains an important office."
The firm under Chief Executive Marissa Mayer is passing
through its tough times.
While the company has added dozens of engineers over
the past two years through small acquisitions of teams
specializing in emerging areas like mobile apps, its head
count has remained largely unchanged.
Yahoo had announced the deadline of November 7 for
expelling approximately 2200+ employees.

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