That is just a simpler way of laying off people.

Those europeans have too many vacation days to be effective anyways...

loose the dead weight before softie comes in.

what surprises me is that this move is shown as a "cost cut" initiative, when most of the burden comes from the UK team, which is obviously not moving to Switzerland...

but yeah, if it is a way of getting rid of all this people that is more worried about internal politics and managing up, then great, move them --and loose them in the way to Geneva!

Hey, man, that's just how we Rolle.

I thought it was hard to get green cards or the swiss equivelent.

you have to prove that there are no swiss that can do the job.

@muser: its ok, none of those are watchmakers so i think we are safe :))

@yawnster:

Could you elaborate with numbers reflecting productivity or anything more accurate than this cliche?

I have worked on both continents in more than one company, and the least I can say is that the lowest productivity I saw is actually in US. I agree that the number of vacation days affects productivity, but exactly the opposite way.

In all the years I was at Yahoo, I never heard of any operating decisions being made for tax reasons. Guess the NOLs must be running out.

@xhooter: the decision to have the finance & customer care teams in Dublin was based purely in tax exemptions offered by the Irish government. That's why Microsoft also has offices there, and overall one of the reasons why Ireland became one of the European technology centers, even when it is one of the poorest countries in the EU.

@Mouser_UK: well, if you pay enough, you will get any documents you need --anywhere.

Slight mistake in the news article - Yahoos EU HQ is offically in Dublin, not London.

It's not the tax bill Yahoo! should be worried about, it's the travel bill. Still, when there's Air Miles & Gold Cards to be collected what's an unnecessary flight - or nine - between "top managers"?