Manpower woes for Yahoo in India too
Sources say that Vish Makhijani, a senior vice president of Indian origin who was one of the key people in Yahoo's Internet search business has put in his papers.india Updated: Jun 23, 2008 20:30 IST
California-based Internet Yahoo's employee troubles are not yet over. Exits continue and have now touched the Indian arm of Yahoo too. Sources say that Vish Makhijani, a senior vice president of Indian origin who was one of the key people in Yahoo's Internet search business has put in his papers. It is learnt that Makhijani has joined as general manager for search business of Yandex, a Russian Internet startup. Another senior executive Tapan Bhat who was instrumental in the new Yahoo India website has also left.
Some senior executives, according to blogs AllthingsD, Techcrunch, and The New York Times, have decided to quit the company. This comes on the back of hundreds of workers who were laid off starting last year.
When contacted a Yahoo spokesperson said, "We have a deep and talented management team across all areas of the company. Our successful implementation of our core strategies and the timely rollout of key products this year testifies to the effectiveness of our team, and we continue to recruit outstanding talent.
Yahoo continues to be a leader in our industry even as we experience the attrition that's to be expected in the Internet industry."
Other members of the Search team who have quit include Qi Lu, an executive vice president heading Yahoo's search and advertising technology; Brad Garlinghouse, a senior vice president who looks after communications technologies like e-mail and instant messenger. Further, Yahoo has lost four executive vice presidents, Jeff Weiner and Usama Fayyad; and the creators of Yahoo's Flickr photo sharing service, Stewart Butterfield and Caterina Fake all quit in the last couple of weeks.
Some of these recent exits can be linked to the recent deal that Yahoo enterd into a deal with Google that involves Yahoo selling advertisements online using Google's online presence. "With this deal, senior management in Yahoo were unsure about their roles in the company," said a Yahoo employee who is based out of Sunyvale California.
While the company does not disclose its headcount in India, it employs around 1,000 people and the company had sacked about 50 people on grounds of poor performance in February.