Bangalore: Internet giant and search engine Yahoo! is giving 'pink slips' to about 600 techies here to trim its workforce in India and consolidate its core engineering activity in the US.

Though Yahoo! India R&D centre here declined to confirm, a source in the know of the development told IANS Wednesday that about 200 lateral/senior employees have, however, been asked to re-locate to its main engineering centre in California, US.