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Yahoo Lays Off 400 Employees In India

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41–50 of 59 posts

Re: Yahoo Lays Off 400 Employees In India

#41

My friend and a few more in Yahoo were looking for a job switch for quite some time as there were talks of layoff in the last few months. He got a job a few days back. And he is getting the severance package. I talked with him a few minutes back. He is actually feeling great.

and this is why doing dumb layoffs instead of constant performance review does not help any company.

everyone good is always ready to jump, anda eventually jump, layoff or not.

Re: Yahoo Lays Off 400 Employees In India

#42
post #36
post #11

Earlier quoted context omitted.

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

L1 visas are terrible. You cannot change employers on an L1 Visa.

They are better than H1 visas, because your spouse can work. Other benefits: no cap, faster path to green card.

Re: Yahoo Lays Off 400 Employees In India

#43
post #37

Does HN adds some weightage for domains, same news from original source( https://news.ycombinator.com/item?id=8420579 ) can't be find on 1st four pages?

It was on the front page, but I (and probably others) flagged it because it looked untrustworthy. And indeed it appears to be pretty far off on the numbers. That said, what makes it on HN is largely a function of luck.

Is it possible to ask someone to just keep Techcrunch off the front page? They're running BS stories like this all the time.

Re: Yahoo Lays Off 400 Employees In India

#44
post #31

It is known that yahoo has identity problems compared to Google/facebook ...etc. If you are a loyal employee, who believes in turnaround and stay till the end, this type of decisions can be painful. He/she may/may not get a chance to US and due to other family reasons may not be willing to relocate. Loyalty, it seems, does not have any value in modern organizations. Traditionally, in India, job/career is viewed diffe…

>>Traditionally, in India, job/career is viewed differently than in America. Job indicates some sort of stability to life and these sort of decisions, can crash those views. There are some who misused that stability and there are many who utilized that stability properly and create value to life,society.

This was traditionally the case in the U.S. as well, it is a lamentable situation.

Re: Yahoo Lays Off 400 Employees In India

#45
post #36
post #11

Earlier quoted context omitted.

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

L1 visas are terrible. You cannot change employers on an L1 Visa.

Yes, although H1Bs aren't a great either. Most people I know who were on an L1 got their company to sponsor an H1 visa after a year or two and then change jobs a few years down the switch.

Re: Yahoo Lays Off 400 Employees In India

#46

Yahoo India was pretty bloated, with layer after layer of management with very high salaries and not much to do. Hard to blame anyone for the decision. There were some really good devs embedded in all that lard, hopefully they'll be fine. Five months severance is pretty generous by Indian standards. That said, even very good engineers don't have as many options here as those in SF have, and not as many job opportunit…

There aren't as many options anywhere for good engineers as SF. Surely in Bangalore the big firms like Infosys and Wipro are always hiring experienced engineers?

The comment that there aren't many opportunities is wrong. If you're good and have been working at yahoo you'll find another job easily. But Infosys and Wipro are body shops, that's not a natural progress from working at Yahoo.

Re: Yahoo Lays Off 400 Employees In India

#47
post #40

Yahoo India was pretty bloated, with layer after layer of management with very high salaries and not much to do. Hard to blame anyone for the decision. There were some really good devs embedded in all that lard, hopefully they'll be fine. Five months severance is pretty generous by Indian standards. That said, even very good engineers don't have as many options here as those in SF have, and not as many job opportunit…

you can say that about any company. any office. google headquarter is full of layers of management with little to do. etc. the problem with this news is that yahoo, instead of evaluating those layers and managers, took the lazy aproach. then being close to revenue deadlines, made it look twice as lazy. firing useless layers of management is good. laying off with BS excuses is not. for example, they laid off people no…

> you can say that about any company

Different companies have dramatically different amounts of management.

Re: Yahoo Lays Off 400 Employees In India

#48
I literally started my career there, spent six and half years and made a lot of friends (I had jobs before yblr) - if any of you worked there, I was the guy with the afro on roller blades.

Ten years ago, it was an amazing place to work - great people, good managers and a CEO who sat at the same table for lunch.

http://notmysock.org/blog/yblr/

I spent more time with those people than I did in college, in my high-school or any other job since or before. Some of those people today have gotten a card that says "Move to Sunnyvale or collect your severance".

I feel sad for them, because some of them would hold similar memories of a great office, want to keep contributing and feel some sort of great loss, simply from being told that they're not needed.

I don't really worry about them - they're awesome engineers who have been hiding their talents under a bushel for years.

All of them would have a new job by new year, would burn their severance on a nice vacation during their break and not worry about their life - it's just that the temporary but irreplaceable sense of loss, that I can feel as I got off the phone.

Most of this means nothing - just that this place where we all met and grew up to be engineers, is no longer there.

Like when your childhood home gets torn apart to make a skyscraper (or worse, a parking lot).

Re: Yahoo Lays Off 400 Employees In India

#49
post #36

Earlier quoted context omitted.

L1 visas are terrible. You cannot change employers on an L1 Visa.

They are better than H1 visas, because your spouse can work. Other benefits: no cap, faster path to green card.

Path to Green Card is long and arduous if its a L1B which is most likely going to be the case

Re: Yahoo Lays Off 400 Employees In India

#50

Earlier quoted context omitted.

There aren't as many options anywhere for good engineers as SF. Surely in Bangalore the big firms like Infosys and Wipro are always hiring experienced engineers?

They pay peanuts

How much do product companies like Yahoo pay in India?
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