1/7
Yahoo
India issued the following statement: "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."
In This Pic : Yahoo to lay off employees
Pic Courtesy : Getty Images
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2/7
Early
last year, Yahoo had over 2,000 of its then 11,500 employees in India.
Since then, various pieces of work have been pulled back to the US, and
the India numbers have consequently been dropping. Yahoo no longer
discloses its India headcount, but some believe it is down to 1,500 or
less.
In This Pic : Yahoo to lay off employees
Pic Courtesy : Getty Images
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3/7
This
includes engineering staff, editorial content developers and sales and
support staff. Yahoo's advertising platform team was one of the largest
teams here that was scaled down and eventually moved back to the US.
In This Pic : Yahoo to lay off employees
Pic Courtesy : Getty Images
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4/7
In the
latest move, some of the other core engineering work is also being
moved back to the US. Sources said that Yahoo had developed core
engineering capabilities for some of its key properties like Yahoo TV,
Yahoo Movies, and Yahoo Celebrity.
In This Pic : Yahoo to lay off employees
Pic Courtesy : Getty Images
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5/7
The
$5-billion Yahoo has been struggling to improve its advertising revenue,
which makes up a little less than half of its overall income.
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