Yahoo has opened up another location, this time with a research center in Grenoble France. This follows shortly after news that Yahoo may also be opening up a location in La Vista Nebraska creating at least 50 news jobs.
Layoff notices for more than 1000 employees were also handed out near the start of the year, and Yahoo’s shares have just hit a 52 week low – interesting that they are expanding in all this turmoil.
Regardless, it looks like the new facility will employee 220 engineers and be Yahoo’s biggest center in France. The French minister of economy is offering sizable tax credits for research based operations, which helps to explain the choice of location.