Yahoo India Jobcut - Fires 60 People
Yahoo India seems to be feeling the heat of current financial problems in yahoo as they have lay off 60 yahoo India employees. Though I don’t think they were from technical background, infact yahoo India is very positive about its development work that is going on in India and are looking for hire more people in coming months, about 150 techies.
Do note that yahoo has announced that they will be looking to lay off 5% of their global workforce to reduce the expenses. Yahoo is currently having serious financial problems with less people spending money on advertising as yahoo reported 78% decline in its earnings.
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