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Yahoo Lays Off 400 Employees In India

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11–20 of 59 posts

Re: Yahoo Lays Off 400 Employees In India

#11
post #5

Sources tell me that they are asking 90% of their staff at Bangalore to relocate to CA instead of laying off them. Not ideal, but better than being laid off.

Wouldn't that be impractical or impossible from a visa standpoint? That seems like a lot of H1Bs in 1 year for a single company.

They might use L1's which AFAIK aren't capped.

Re: Yahoo Lays Off 400 Employees In India

#12
post #11

Earlier quoted context omitted.

Wouldn't that be impractical or impossible from a visa standpoint? That seems like a lot of H1Bs in 1 year for a single company.

They might use L1's which AFAIK aren't capped.

Almost certainly. Yahoo most likely has a blanket L1: http://www.murthy.com/worker/l-1-visas-statuses/l-1-blanket/

Re: Yahoo Lays Off 400 Employees In India

#13
post #9
post #5

Sources tell me that they are asking 90% of their staff at Bangalore to relocate to CA instead of laying off them. Not ideal, but better than being laid off.

Relocating 2000 people with H1B?

InfoSys and other bodyshoppers do much more than that every year :-). Yahoo'll probably use L1 s though. With some help from the Immigration folks (which Yahoo has the clout to arrange if they wanted), this should be easy enough.

Re: Yahoo Lays Off 400 Employees In India

#15
post #9

Earlier quoted context omitted.

Relocating 2000 people with H1B?

InfoSys and other bodyshoppers do much more than that every year :-). Yahoo'll probably use L1 s though. With some help from the Immigration folks (which Yahoo has the clout to arrange if they wanted), this should be easy enough.

And thanks to them people who work for smaller companies without blanket setups get screwed over

Re: Yahoo Lays Off 400 Employees In India

#17
post #5

Sources tell me that they are asking 90% of their staff at Bangalore to relocate to CA instead of laying off them. Not ideal, but better than being laid off.

Wouldn't that be an offer to apply internally for any open positions rather than a mass move? Meaning 95% of them will find nothing.

It would make no sense to lay off 1000s of people only to encourage them to move somewhere where you have to pay them more money.

Re: Yahoo Lays Off 400 Employees In India

#18
post #5

Sources tell me that they are asking 90% of their staff at Bangalore to relocate to CA instead of laying off them. Not ideal, but better than being laid off.

Just curious, not mad or anything, can anybody let me know why this is being downvoted? I didn't claim that it was factual or anything, just what I heard. What HN etiquette did I break? :)
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