Quit or relocate: Yahoo! to employees
Chennai: Followed by Bangalore-based 24/7 Customer forcing to relocate or find alternative jobs for more than 400 employees, now Yahoo! India asks its editorial team to join the company's Bangalore office or exit.
A Times of India report states that the decision is not known. However the sources said that the company has given short notice to Chennai 10 member team, which contributed editorial content to Yahoo! India. The 10 people were employed with a Bangalore based private news syndicate, which had an office in Chennai. Besides, it is learnt that Yahoo! terminated a technical support agreement with a software services company as well.
An employee of Yahoo's Chennai office confirmed the development. "Yahoo has offered to absorb them into the organization if they are willing to relocate," he told The Times of India, on condition of anonymity.
A spokesperson for Yahoo India said, "Yahoo routinely consolidates its operations for better scale and growth. We currently have 3 employees at our Chennai office and are relocating them into our other facilities. The Chennai office was inherited through an acquisition some time ago and this relocation is part of our integration plan for better scale. We are aggressively hiring and continue to grow in India."
The move comes close on the heels of Keane India axing 400 jobs across its centers in India.
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siliconindia news bureau
Reader’s comments
Comment 1: "Comment 24: This is bad. These IT companies are manipulating our lives. Thought that such exploitations happened only in past. It is high time we teach them a lesson in the form of a Union. After all we are modern-age majdoors.
Posted by : aleem - Thursday, July 24, 2008
Comment 25: We are born Free,.. but bonded by It companies..
we are not slaves of this MNC, companies.. we have our own ethics, which the compaines must respect or else.. who needs the job. if it's yahoo or microsoft or any Company.
Posted by : Gowda - Thursday, July 24, 2008
Comment 27: This is terrible. It is not to work in MNCs than working like a slave for them.
Posted by : Murugesh - Thursday, July 24, 2008 "
Please remember its only because of I.T that you all are able to brag and comment such statements. Nobody asked you to go and join these MNCS... its on your own accord because of the money they pay you that you go and join them.
Stop this idiosyncracy.
I have put the above comments in QUOTES coz i want to reply
Posted by : Chiron Iyer - Thursday, July 31, 2008
Posted by : aleem - Thursday, July 24, 2008
Comment 25: We are born Free,.. but bonded by It companies..
we are not slaves of this MNC, companies.. we have our own ethics, which the compaines must respect or else.. who needs the job. if it's yahoo or microsoft or any Company.
Posted by : Gowda - Thursday, July 24, 2008
Comment 27: This is terrible. It is not to work in MNCs than working like a slave for them.
Posted by : Murugesh - Thursday, July 24, 2008 "
Please remember its only because of I.T that you all are able to brag and comment such statements. Nobody asked you to go and join these MNCS... its on your own accord because of the money they pay you that you go and join them.
Stop this idiosyncracy.
I have put the above comments in QUOTES coz i want to reply
Posted by : Chiron Iyer - Thursday, July 31, 2008
Comment 2: relocating resources to another location taht too less than 20 people. do we need a coverage on that .. sounds funny
Posted by : bettermarketer - Tuesday, July 29, 2008
Posted by : bettermarketer - Tuesday, July 29, 2008
Comment 3: Well done Yahoo....It shows you care for humanity...
Posted by : suraj - Monday, July 28, 2008
Posted by : suraj - Monday, July 28, 2008
Comment 4: Great Yahoo! You help people from danger
Posted by : Romesh - Sunday, July 27, 2008
Posted by : Romesh - Sunday, July 27, 2008
Comment 5: great to see that organisations like Yahoo care for their image and employees, consolidation is on the top priority to have profitability and better yield.
Posted by : syed raza - Sunday, July 27, 2008
Posted by : syed raza - Sunday, July 27, 2008
Comment 6: it's a wonderful idea to do so b'cos nobody want's to be kicked of.and i really appreciatethe work that they r doing and i congratulate them for that.
Posted by : abhijeet - Saturday, July 26, 2008
Posted by : abhijeet - Saturday, July 26, 2008
Comment 7: I am surprised this is even considered as news!!! We must be really desparate!!!
Posted by : Manish - Saturday, July 26, 2008
Posted by : Manish - Saturday, July 26, 2008
Comment 8: Hello People,
Rules and Stuff .. I don't think its going to happen in India. India is known for its population power. If you don't make use of the opportunity, there are 100s waiting to grab the same deal. Its IT and changes keeps on happening as the strategies changes day by day. It totally depend on you an Individual make use of it or not.
Posted by : Ganesh - Saturday, July 26, 2008
Rules and Stuff .. I don't think its going to happen in India. India is known for its population power. If you don't make use of the opportunity, there are 100s waiting to grab the same deal. Its IT and changes keeps on happening as the strategies changes day by day. It totally depend on you an Individual make use of it or not.
Posted by : Ganesh - Saturday, July 26, 2008
Comment 9: Thats great ...but how can some1 from outside apply for it.
Posted by : Aninda - Friday, July 25, 2008
Posted by : Aninda - Friday, July 25, 2008
Comment 10: We, in India, must realise that in any outsourced job, the 'stability' is not inherent in the employment. Our mind-set of sarkari babudom too needs to be changed.
On the contrary the person seeking employment must look at earnings in the medium term. Obviously it must be planned and not blown up through indiscriminate spendings.
It is also important that the individual must take stock of the long term prospect. I know it is difficult for a 21 year old to plan his life. Not only it can be done but in the global context his counter part in the developed country takes charge of his/her life at the age of 18.
Good Luck!!
Posted by : Arindam Dutta - Friday, July 25, 2008
On the contrary the person seeking employment must look at earnings in the medium term. Obviously it must be planned and not blown up through indiscriminate spendings.
It is also important that the individual must take stock of the long term prospect. I know it is difficult for a 21 year old to plan his life. Not only it can be done but in the global context his counter part in the developed country takes charge of his/her life at the age of 18.
Good Luck!!
Posted by : Arindam Dutta - Friday, July 25, 2008
Comment 11: ONE THING IS VERY TRUE ABOUT YOU FOLKS!!!! gUESS WHAT. yOU DONT HAVE ANY WORK! GET DOWN TO WORK DUDES
Posted by : why Bother - Friday, July 25, 2008
Posted by : why Bother - Friday, July 25, 2008
Comment 12: Well Every one Speaking about Chennai...
Does every one speak the Opportunity they had with when they boarded Yahoo...
When the company is in Downfall..people speak about it like this...
every one remember that "It market " is downfall... and at least Yahoo has respect to their employees and given an opportunity ............
every one plse think positive...
Negative speaking is just presenting yourself in a wrong way..
Thanks..
Sam
Posted by : Sam - Friday, July 25, 2008
Does every one speak the Opportunity they had with when they boarded Yahoo...
When the company is in Downfall..people speak about it like this...
every one remember that "It market " is downfall... and at least Yahoo has respect to their employees and given an opportunity ............
every one plse think positive...
Negative speaking is just presenting yourself in a wrong way..
Thanks..
Sam
Posted by : Sam - Friday, July 25, 2008
Comment 13:
I think there is nothing wrong or companies abandoning the employees or something because, when we sign our offer letter it is clearly mentioned by an employer that the employee would be posted or moved to any of the locations as per the organization requirements.
Question to be asked to the all the employees would they not be willing to get relocated if they are being sent to U.S. or any other European countries then why no to this.
We need to also understand that these companies are at least relocating there employees, there are many Software & BPO Organizations sacking off there employees saying the project is not making profits or on performance basis even when there performance was good.
No heart feeling guys, I think your organizations are far better than those organizations, because you still have a job. Imagine those who have been sacked and getting a job in another organization is not so easy for them.
I am an Ops Manager for an IT company in Bangalore, who has sacked some of his best Team Leads and Team Members stating these stupid reasons.
Regards
Sandy
Posted by : Sandy - Friday, July 25, 2008
I think there is nothing wrong or companies abandoning the employees or something because, when we sign our offer letter it is clearly mentioned by an employer that the employee would be posted or moved to any of the locations as per the organization requirements.
Question to be asked to the all the employees would they not be willing to get relocated if they are being sent to U.S. or any other European countries then why no to this.
We need to also understand that these companies are at least relocating there employees, there are many Software & BPO Organizations sacking off there employees saying the project is not making profits or on performance basis even when there performance was good.
No heart feeling guys, I think your organizations are far better than those organizations, because you still have a job. Imagine those who have been sacked and getting a job in another organization is not so easy for them.
I am an Ops Manager for an IT company in Bangalore, who has sacked some of his best Team Leads and Team Members stating these stupid reasons.
Regards
Sandy
Posted by : Sandy - Friday, July 25, 2008
Comment 14: I think government of India should interviene and revise it employee policy for the companies / corporate. This is revised by other countries too. This will help us in all better ways to work. India should also bring 5 Days a weak culture as mandatory to be followed by every Employer.
Posted by : Anand - Friday, July 25, 2008
Posted by : Anand - Friday, July 25, 2008
Comment 15: Both Bangalore and Chennai are good places to live in. Companies have various strategies to relocate. There are companies which have operations both in Chennai & Bangalore. Based on cost, talent availability etc., these companies also consolidate their real estate because of operational cost. So, let us not blame one company or one place. Let us be practical in understanding the requirements. It is our job that feeds us and our family. If you are not happy, try for another suitable job in a location that fits you.
Posted by : Ramki - Friday, July 25, 2008
Posted by : Ramki - Friday, July 25, 2008
Comment 16: We are all slaves till we learn to live with less - can't rem who said this but someone famous said it. No one is forcing us to live beyond our means. In this everchanging world one has to look at life like this could be the last day of employment with the current company because of market dynamics. This will help us stay away from being slaves to our salary
Posted by : Captainhaddock - Friday, July 25, 2008
Posted by : Captainhaddock - Friday, July 25, 2008
Comment 17: Hey People, It's not about the bad strategy or Hot Climate.it's all about Politics of Yahoo....Yohoo now-a-days have lost it's position from the market so they are cutting down their cost by giving their employees no alternative....cuz they know employees will ultimately leave and thats what yahoo wants.....They are not in the position to Afford employees....so stop fighting amongst yourselves and understand.....the company politics. And as far as the Climate is concerned....we in India have all the possible climates that the world have so we can adapt anywhere and everywhere but that doesnt mean we leave our Native Forcefully.....!!!!!!!!!!!!!!!!!!!
Posted by : Dinesh Sharma - Friday, July 25, 2008
Posted by : Dinesh Sharma - Friday, July 25, 2008
Comment 18: This had to happen. The BPO bubble had to burst some day... More tough times ahead, please dont get me wrong, with phillipines and other countries breathing down the throat, this was bound to happen... Now we are getting to know what true liberalisation means !!!!!!!!
Posted by : pravinnarayan - Friday, July 25, 2008
Posted by : pravinnarayan - Friday, July 25, 2008
Comment 19: Priyank
What makes you think that Chennai is not a place to live in? Just because one sweats, doesn't mean Chennai is bad city. You must be sent to high school first to enable you learn English language. No matter even if you are earning lakhs, if you are biased for / against places, you can't write few lines in english without a mistake, you would not prosper.
Posted by : Sharma - Friday, July 25, 2008
What makes you think that Chennai is not a place to live in? Just because one sweats, doesn't mean Chennai is bad city. You must be sent to high school first to enable you learn English language. No matter even if you are earning lakhs, if you are biased for / against places, you can't write few lines in english without a mistake, you would not prosper.
Posted by : Sharma - Friday, July 25, 2008
Comment 20: There is only one way to tackle this - Be Organized. They are utilizing this unorganized sector by laying off people one fine day.
Like some one mentioned, think of forming union of IT sector employees in India so that companies cannot impose their wishes when ever they want.
Posted by : Sree - Friday, July 25, 2008
Like some one mentioned, think of forming union of IT sector employees in India so that companies cannot impose their wishes when ever they want.
Posted by : Sree - Friday, July 25, 2008
Comment 21: Hi Priyank,
Please get your language and grammar right before you speak ill of Chennai.
I guess the Yahoo employees who are getting relocated see this as an oppoptunity for bigger things..
Posted by : Raj Kiran - Friday, July 25, 2008
Please get your language and grammar right before you speak ill of Chennai.
I guess the Yahoo employees who are getting relocated see this as an oppoptunity for bigger things..
Posted by : Raj Kiran - Friday, July 25, 2008
Comment 22: Hi Priyank,
I would like to say that chennai is not too hot. and Bangalore is not too cold, everything is same.
Kumar
Posted by : Sha - Friday, July 25, 2008
I would like to say that chennai is not too hot. and Bangalore is not too cold, everything is same.
Kumar
Posted by : Sha - Friday, July 25, 2008
Comment 23: It is very unethical to ask the employees to relocate or search for another job after losing a contract.Why the company does not have other alternative for the employees instead?
Posted by : nritya - Thursday, July 24, 2008
Posted by : nritya - Thursday, July 24, 2008
Comment 24: It definately make sense for any company to ratinalise their operations. Office only for 10 people really doesnt work out.
That too in hot climate , bad climate place like Chennai..
Man how can even one live there!!
Posted by : Priyank - Thursday, July 24, 2008
That too in hot climate , bad climate place like Chennai..
Man how can even one live there!!
Posted by : Priyank - Thursday, July 24, 2008
Comment 25: This is bad. These IT companies are manipulating our lives. Thought that such exploitations happened only in past. It is high time we teach them a lesson in the form of a Union. After all we are modern-age majdoors.
Posted by : aleem - Thursday, July 24, 2008
Posted by : aleem - Thursday, July 24, 2008
Comment 26: We are born Free,.. but bonded by It companies..
we are not slaves of this MNC, companies.. we have our own ethics, which the compaines must respect or else.. who needs the job. if it's yahoo or microsoft or any Company.
Posted by : Gowda - Thursday, July 24, 2008
we are not slaves of this MNC, companies.. we have our own ethics, which the compaines must respect or else.. who needs the job. if it's yahoo or microsoft or any Company.
Posted by : Gowda - Thursday, July 24, 2008
Comment 27: Good
Keep IT up IIIIITTTTTT....
Posted by : Gajendra - Thursday, July 24, 2008
Keep IT up IIIIITTTTTT....
Posted by : Gajendra - Thursday, July 24, 2008
Comment 28: This is terrible. It is not to work in MNCs than working like a slave for them.
Posted by : Murugesh - Thursday, July 24, 2008
Posted by : Murugesh - Thursday, July 24, 2008
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