Yahoo job cuts include 45 positions in India

Yahoo job cuts include 45 positions in India

Internet media giant Yahoo has started cutting jobs in their worldwide operations.

This job cut includes around 45 positions in their Indian operations.

A company representative spoke about the new developments: “Around three percent (45 people) of our India headcount, which is 1,500, has been asked to go Wednesday as per the directive from our headquarters at Sunnyvale in the US.”

Yahoo India added: “We completed the termination process within a day of receiving the notification from our parent company. Majority of those laid off were from Bangalore operations, while the rest are from Mumbai. The layoffs were based on two parameters – performance and business realignment.”

Market sources say that the employees who have been sacked were given an attractive severance package.

Checkout: Yahoo India