This has been one of the more interesting stories to track down. We got word over the weekend that Yahoo is in the process of moving large numbers of engineering jobs within the YOS group to Bangalore. Yahoo PR mostly denies this.
This includes YDN (Yahoo Developer Network, the platform for third party apps to be installed on the Yahoo home page) for the most part. And Yahoo confirms that some California based YDN engineers are being moved to other projects, calling it a “pretty minor internal shift of resources.” But at least two senior engineers were fired outright, we heard (we’re holding the names until Yahoo confirms or denies that).