Yahoo’s massive new headquarters plan approved from MarketWatch reports Yahoo can now build enough buildings to house most of their existing worldwide employees, all in Silicon Valley.
Tuesday night the Santa Clara City Council unanimously voted to approve Yahoo’s development plan for thirteen six-story buildings. The buildings will be about 10 miles away from the Googleplex and be large enough to fit 12,000 employees. Yahoo currently has under 14,000 employees worldwide. Yahoo bought the 3 million-square-foot property for $112 million in 2006.
Yahoo has not commented about when they will start construction and if they plane on increasing staffing anytime soon. Since 2006, Yahoo has had a rough run, so it is hard to predict what the future of their current offices or new offices will be.