Yahoo Lays Off 400 Employees in India

Yahoo has struggled in recent years. Once a tech and search engine giant, it’s fallen to the wayside as Google and Facebook have continued to climb the ranks. Since stepping up as CEO, Marissa Mayer has had her mind set on consolidation and restructuring within the organization.

Yahoo Bangalore

Facing some of the most intense pressure in her two-year stint as CEO, Mayer announced this week that the company has laid off 400 employees in its Bangalore, India, office, her largest reduction to date.

According to Reuters, Yahoo had 2,000 employees in its Bangalore office as of last March, and only a small group will be transferred to the tech company’s Sunnyvale, CA, headquarters. The layoffs represent only 3% of Yahoo’s total staff of 12,000, yet eliminate nearly 1/3 of a team in Bangalore dedicated to technology, operations support, and engineering.

“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 company said in a statement. The layoffs are said to have stemmed from feedback by activist investor Starboard Value, warning of bloated structure costs and the need to reduce expenditures and stop acquisitions. Starboard also encouraged Yahoo to explore a merger with AOL.

The last major reduction at Yahoo was in April 2012, when former CEO Scott Thompson cut 2,000 employees, or approximately 14% of the staff. Multiple CEOs have struggled to revive the business, and tech watchdogs will be following Mayer’s steps.

Aside from the layoffs, Yahoo has been in the news recently for its nearly-$20 million investment in Snapchat, a popular app allowing users to send pictures. Under Mayer, Yahoo has bought dozens of other companies, including Tumblr, Summly, and more.

Games Security
Business Intelligence
How Business Intelligence & Analytic Tools Contribute to Your Business Growth
Inbound Marketing
The Techniques and Channels of Inbound Marketing in 2017
Biometrics
Using Biometrics as a Means of Securing User Privacy
External Giveaway Freebie TechnoGiants Giveaway
Focusky Pro
Giveaway #41: Focusky Pro 3-months Plan Subscription
MacXDVD
Freebie: MacXDVD Gives Away 10K Free Copies of MacX Video Converter
Flipbook
Giveaway #40: FlipHTML5 Flipbook 3-months Platinum Plan Subscription
Android iPhone
Galaxy C8
Samsung Galaxy C8 – The Fastest Samsung Phone
iPhone X
How iPhone X Can Make an Entrepreneur’s Life Easy
Business App
6 Mistakes to Avoid When Creating Your First Business App
Adsense
SEO
Beginners Guide to Effective SEO
SEO
SEO Fundamentals that Remain Unaffected by Algorithm Changes
Joomla
Top Joomla SEO Tips Which You Must Enable on Your Website
MAC Software
Billing Software
9 Common Misconceptions About Billing Software
Functions
9 Brilliant Google Secret Functions to Make Your Life Super Easy
Xen VPS
How Dedicated Xen VPS is better for hosting your business website?
Blogging Social Media
Loading Speed
How to Improve Loading Speed of Your Website?
Blog Post
The Main Guide to Writing Blog Posts That Rank in Google
Website Designing
Top 10 benefits of today’s Minimalistic Website Designing
Online Presence
Infographic: How to Maintain a Professional Online Presence as a Service Provider
Smart Cities
Infographic: 3 Reasons Behind the Need for Smart Cities
Customer Loyalty
Infographic: 6 Ways Social Media Can Help Build Customer Loyalty
Messages
Infographic: Top Reasons Why Your Business Needs to Archive Text Messages