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Yahoo Has Plans For A New Campus

7:08 pm on Oct 29, 2009 (gmt 0)

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Yahoo Has Plans For A New Campus [marketwatch.com]
Yahoo Inc. has been slashing costs and narrowing its focus recently, as it retrenches from a bruising Internet search rivalry with Google Inc. and grapples with the sluggish online advertising market.

But the Sunnyvale, Calif.-based Internet pioneer is betraying considerable expectations for future growth with its proposal to build a massive, new campus in nearby Santa Clara. The sprawling set of 13 buildings on 3 million square feet of space would rank among the largest corporate headquarters in Silicon Valley.

The Yahoo campus would also compare in size to headquarters at Google, which now has roughly 7,000 more employees worldwide. In addition, it could easily accommodate twice the number of employees as Yahoo's current Sunnyvale headquarters, built during the Internet bubble roughly a decade ago.

12:09 pm on Nov 1, 2009 (gmt 0)

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Yahoo Real Estate Development Corp: the once internet giant is now developing office space for future use by microsoft.

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