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Quit or relocate: Yahoo! to employees
By siliconindia
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Saturday, 26 July 2008, 01:49 IST
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.