Yahoo to sack 1,500; hire in India

[OhioChick]

10 Dec 2008, 0950 hrs IST, REUTERS

SAN FRANCISCO: Yahoo Inc will tell 1,500 employees on Wednesday they are losing their jobs, after announcing in October that layoffs would occur by year's end, a person familiar with the situation said on Tuesday.

The expected date of the announcement and some details were reported this week by All Things Digital, a blog covering Silicon Valley. The layoffs will hit hardest in the labor-intensive areas of human resources and finance.

The blog had speculated the layoffs would affect more than 1,500 people, or about 10 percent of Yahoo's workforce, and the source said the number has not changed.

Chief Financial Officer Blake Jorgensen said in October Yahoo would be prepared to cut jobs and other expenses further in 2009 if the economy continued to deteriorate.

Yahoo will cut its workforce in high-cost markets and hire aggressively in lower-cost locales such as Eastern Europe, India and Southeast Asia, the company has said.

The highest-profile personnel change has not yet occurred. Chief Executive Jerry Yang said in November he would leave the company, after facing strong criticism for his leadership. That change will take effect when a replacement is named.

http://economictimes.indiatimes.com/Infotech/Yahoo_to_sack_1500_hire_in_India/articleshow/3816814.cms

[ChromeFoundry]

1. Does anyone even use Yahoo anymore?

I feel for the workers.

[MannyGoldstein]

2. Good!

Expecting to earn a living wage in the US is subversive. These elements must be crushed.

[Azlady]

3. 1500 more jobs, the bleeding of our jobs continue - n/t

[cascadiance]

12. I fortunately survived the cut yesterday....

Thanks for sharing this though. I don't think many people here had heard about the "hiring more in India" thing. I'm sharing this with some others here who would want to know this.

However, worth noting, I'd taken over some job responsibilities that previously people in India were doing. So at least in my case, the jobs were brought back here! :)

[ihavenobias]

4. K & R

[4_TN_TITANS]

5. Where are the penalties for these companies

that are happily abandoning American workers? Jobs really need an export tariff quick...

[sledgehammer]

15. I'm skeptical about an export tariff

There are way too many loopholes around it. I guess the biggest question is how to define an "American job". Since Yahoo (like countless others) is a company that provides services and supports employees worldwide, is there a way to identify which jobs can be tariffed if they are outsourced/offshored? Without this definition it's going to be very difficult.

On the flip side - what about Japanese auto company jobs (or any other foreign-company based jobs) in the US? If those jobs go away, would those be considered a loss of American jobs?

IMO, incentives to create new jobs in the US might be the best place to start - a net annual increase in US-based jobs will give you a tax break and/or other incentives.

[silverweb]

6. Time for a new email address.

My kids use Gmail, so I'm thinking about that, but I'm not always thrilled with Google as a company, either.

I'm also looking closely at Care2, which I used to use years ago but dropped because they had no effective spam protection.

Any other recommendations for a completely ethical email service that doesn't offshore jobs?

[OhioChick]

7. "Any recommendations for a completely ethical email service that doesn't offshore jobs?"

Good luck with that.

:hi:

[silverweb]

8. Yeah, tell me.

I can dream, can't I? :hi:

[truedelphi]

9. I have heard in Oct from industry sources that BOTH Yahoo and Google

Would be doing this.

The top people at both companies are very afraid of Obama's plans on their corporate taxes and want their operations off shored.

So moving to google with your email might be wise for other reasons, but not to be supportive of them as an industry that cares about America. Cuz they aren't any more caring than Yahoo.

[silverweb]

11. Thanks for that info.

And of course, Hotmail is out because it's Microsoft and they're offshoring, too.

I've decided to go with _Care2_. They're a small company in Redwood City, California, with only 50 employees, and everything they do is environment/human rights/animal rights oriented. They used to have no effective spam filtering, which was why I dropped them years ago, but they've caught up in that respect and many others.

I like having an email provider I can feel good about!

[truedelphi]

16. Wow. That is very good info.

I switch emails or add emails often, so I will consider them in the future. Thanks!!

[silverweb]

19. That's great!

They have the most adorable ecards, thousands to choose from; a link to "The Petition Site," for armchair activism; a free "click to donate" page where the sponsors donate to the particular causes you click on;
and pages and pages of information on green living, health, environmental issues, etc, with groups that you can join for further discussion.

Explore the site when you get a chance. It's really extensive and amazing. The email service is just one part of it.

And I just love their little tree frog mascot! :D

[truedelphi]

30. I am making this response about the firm Care2 so I can add to my Journal

Redwood City, Care 2, a firm for email like the firms Yahoo and google offer. Only Care2 is not offshoring its jobs.

[Deja Q]

27. Many of these companies were born in America. Have they not some responsibility,

like the American workers under them do?

We pay our taxes; we don't move our homes to some "tax-free haven" to skirt around the issue.

That's not to suggest all corporations will swindle, sleaze, and cheat - some do - but not all.

Also, if corporations had more middle class-paying jobs in America's cost of living structure, the government wouldn't need as many social programs, could close those, and save boatloads of money.

We're helping other countries develop middle classes, but cutting off the nose to spite the face isn't a good thing. The face will stop breathing and the whole body (aka the 'world' called the 'global economy') will go down too.

So if yahoo really cares about the global economy, they need to care about America not an iota less than any other country. G-L-O B-A-L W-O-R-L-D.

[silverweb]

28. Yahoo's a corporation now.

As such, they have only one concern and that is making profits for their shareholders (including the corporate executives, of course).

I'm still transferring pictures out of my Flickr accounts and things I want to save out of my email accounts, and then I'm done with them.

[mwooldri]

10. Register your own domain...

then you can shop around for various email services. The beauty of having your own domain is that if you change email service, your email address doesn't.

The bad news about this part is that you will have to pay. Google will host yourdomain.whatever email for free, there are others out there that will too. Whilst not the most ethical, I use a Godaddy reseller for my domains and email hosting. My websites are hosted by Site5 - they're OK. If you have a website they offer email on the same machine. I had a prior host (whose name I actually forget) and the machine was often going down, and hence my email, so I won't have my website on the same machine as my email - I'd rather be on a big email system; if that goes down then the company responsible is in trouble because they'll literally have thousands of people calling them. Certainly if you want an email service that's hosted and managed and supported in the US then look to a smaller website hosting company.

[silverweb]

13. Thanks for the advice...

...but I've decided to reregister with Care2. See my post #11 above. :hi:

[mwooldri]

20. Excellent :)

But ask them too about an own domain. They'd probably get it registered for you so you can always have [e-mail] and in the unlikely event they got out of business you'd at least be able to take your name with you.

Mark.

[ksimons]

14. we just need to keep falling into poverty, then, when we become India, they will hire us

makes perfect sense to me. I look good in rags. (modeling)

[wizstars]

17. hope I can hold out that long...... n/t

[OhioChick]

18. You and me both. n/t

[Deja Q]

25. With 1.1 billion, do you think they're really going to give a damn about outsiders?

From ANY nation?

When done right, globalization would be expansion and more people would benefit. Are we truly expanding right now?

[Joanne98]

21. Goodbye. And don't come back!

[Marrah_G]

22. I won't ever be clicking on yahoo again

For the same reason I will never, ever consider buying a dell.

[Jakes Progress]

23. The problem is that we expect "free"

A few of the responses here say the problem with some company or method is that you will have to pay for it. Duh.

If you get it free, then expect the company to be always looking for cuts. You want things created with American jobs, it will cost you more. Pay it or don't complain about the hole down which our jobs flow.

[Deja Q]

26. I paid a good sum for yahoo plus and a URL hosted by yahoo some time ago.

I'm going to check and see when both expire.

Will I renew?

To answer that indirectly, a counter-question:

Will I get into a DNA swapping orgy with 6 women and 7 men? (um, no...)

[NJCher]

29. do you understand

The marketing concept of "freeware?"

Your answer indicates you don't.



Cher

[Jakes Progress]

31. Do you understand

the concept of marketing?

Your reply indicates you don't. Free ain't free.

[Deja Q]

24. If this sort of thing continues, I fear there will be a crash that will atomize the Global economy

If politicians' talk of reversing policies that give tax breaks and bennies to corporations THAT offshore, so they would instead get breaks and bennies for keeping jobs here/not offshoring.

We need fair trade and local stability because events have clearly shown the US is not irrelevant and won't become that way for some time.