Yahoo to lay off 300 employees in India

Posted on 10th Oct 2014 | 1003 views

5 avg. rating (100% score) - 1 votes

Since few years yahoo has been building its global operations at its Bangalore location and part of restructuring process it has been laying off large number of its employees and staff in Bangalore location. As per the company sources it has been planning to layoff nearly 300 developers out of 800 developers and some have been asked to relocate to Sunnyvale. The laid-off employees have been offered a six-month severance package. Those asked to relocate to the US but unwilling to do so have been offered a 12-month severance package, sources in the company said.

Yahoo to lay off 300 employees in India

0 Comments on Yahoo to lay off 300 employees in India

Comment as a guest:

POPULAR POSTS

Appointment letter Format

26th Jun 2018

Top 10 facts why you need a cover letter?

08th Jun 2018

Are you looking for a job in Event Management?

28th May 2018

Pharmaceutical job opportunities on rise in Gulf

23rd May 2018

MNC Vs Startup: Are you Confused to Choose between?

09th Aug 2017

Perspectives of Unemployment in India

01st Jul 2013

Have your Say!

View All

Did your internship during college help you in your job?


Yes

No

I did not participate in an internship

Vote

Press Corner

View All

All rights reserved © 2018 Wisdom IT Services India Pvt. Ltd DMCA.com Protection Status