Yahoo's London managers have 30 days to report to Switzerland, or else - Valleywag Comments

Yahoo's London managers have 30 days to report to Switzerland, or else

Yahood! — Sun, 16 Mar 2008 06:57:57 PDT

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"?

Yahood!

Yahoo's London managers have 30 days to report to Switzerland, or else

Londing — Sat, 15 Mar 2008 14:40:40 PDT

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

Londing

Yahoo's London managers have 30 days to report to Switzerland, or else

valleymonger — Sat, 15 Mar 2008 09:36:59 PDT

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

valleymonger

Yahoo's London managers have 30 days to report to Switzerland, or else

valleymonger — Sat, 15 Mar 2008 09:32:57 PDT

@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.

valleymonger

Yahoo's London managers have 30 days to report to Switzerland, or else

xhooter — Fri, 14 Mar 2008 22:19:46 PDT

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

Yahoo's London managers have 30 days to report to Switzerland, or else

retour_de_baton — Fri, 14 Mar 2008 16:29:07 PDT

@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.

retour_de_baton

Yahoo's London managers have 30 days to report to Switzerland, or else

yawnster — Fri, 14 Mar 2008 15:25:51 PDT

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

yawnster

Yahoo's London managers have 30 days to report to Switzerland, or else

Mouser_UK — Fri, 14 Mar 2008 15:00:38 PDT

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.

Mouser_UK

Yahoo's London managers have 30 days to report to Switzerland, or else

tootingbec — Fri, 14 Mar 2008 14:05:12 PDT

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

tootingbec

Yahoo's London managers have 30 days to report to Switzerland, or else

valleymonger — Fri, 14 Mar 2008 13:00:30 PDT

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!

valleymonger

Yahoo's London managers have 30 days to report to Switzerland, or else

yawnster — Fri, 14 Mar 2008 12:41:43 PDT

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.

yawnster