Yahoo Inc. would be moving its Eurpopean headquarters located in London to Switzerland within 18 months. The search giant headquarters would now be near the shores of Lake Geneva.
This move would consist of a 5% work force move and is a part of its ongoing international business stratergy to deliver better financial results, increase its performance and efficiencies and to increase its competitiveness.
It should be noted that Yahoo Inc competitor Google Inc recently opened up their new European Research and Development center in Zurich.