Close on the heels of IBM and TCS asking staff to leave on account of poor performance, Yahoo! India, it is learnt, has shown the door to 45 full-time employees across all levels.
Though a spokesperson of Yahoo! India refused to comment on the development, highly-placed sources within the company claimed that it was a routine "trimming process" and more "poor performers" would be sacked.
"Not only are contract employees being sent back, even full-time employees are being asked to quit. Wherever the company is seeing surplus headcount, it is being reorganised. Eventually, more than 100 employees may be asked to quit but performers will be retained," the sources added.
A few days ago, Microsoft made a bid for Yahoo!, and the sacking has shocked many employees in the Bangalore office. "This move has taken us by surprise. In fact, recruitment has been very slow ever since Microsoft made the bid," a senior employee said.
Set up in 2000, Yahoo! India, a subsidiary of Yahoo! Inc, provides internet services, technological tools, and marketing solutions for business both in India and abroad.
Apart from taking care of the Yahoo! India portal, the company operates an R&D centre in Bangalore. It employs close to 1,000 people in the India operations.
IBM, which has 73,000 employees in India, recently laid off 500 to 600 freshers and is working on ways to certify the skill levels of its employees. Similarly, 500 people were asked to resign from India's largest IT services provider, TCS.
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