Internet firm Yahoo has started a fresh set of layoffs in India, affecting hundreds, as it seeks to consolidate its product engineering teams at its headquarters in Sunnyvale. While senior executives will be offered a position in Sunnyvale, a majority have been handed pink slips, said a source. India operations will be reduced to support and operations functions.
Yahoo India R&D head Hari Vasudev and a few other senior executives have been asked to move to the US. Amit Dayal, vice president of search and marketplaces, has already shifted there.