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  • Yahoo Coming To Metro Save Email Print
    Data center in La Vista, customer service center in Omaha
    Posted: 9:34 PM Oct 23, 2008
    Last Updated: 10:36 PM Oct 24, 2008
    Reporter: John Chapman
    Email Address: sixonline@wowt.com


    A | A | A

    Nebraska Gov. Dave Heineman made it official on Friday, announcing Yahoo is coming. The Internet search giant plans to invest at least $100 million in a new data center in La Vista and a customer service center in Omaha.

    "With all the news we're facing across this country right now with the loss of jobs and all that, is this not a breath of fresh air?” asked Omaha Mayor Mike Fahey.

    The First National Business Park in west Omaha will be home to the customer care center that should open next April.

    "I really think La Vista's created a climate that has made us a leader in economic development in the last five to six years,” added La Vista Mayor Douglas Kindig.

    The data center is already under construction and should open late next year.

    Yahoo, based in Sunnyvale, California, applied for tax breaks earlier this year, which are available to businesses that set up in Nebraska. The move helped set up some operations in La Vista.

    "Omaha, Nebraska is ideally situated, obviously right in the middle of the country," said Yahoo’s Kevin Timmons. "What a lot of people don’t know though is that there is major fiber optic routes run right through the Omaha metropolitan area and that’s how we deliver our products."

    The company will have to invest at least $100 million and create at least 100 jobs within seven years. Those jobs would come with a minimum average salary of $68,700.

    However, Yahoo has reported major earnings losses. This past week, it announced it would cut 10 percent of its employees, 1,500 people, due to a 64 percent drop in third-quarter profits.

    Yahoo last laid off workers in February. In that round, about 1,000 employees were cut loose, but the company's payroll returned to the previous level within months.

    Officials say that won’t affect jobs created in Omaha because those jobs are crucial to the growth of the company.

    Yahoo is bracing for a deep downturn likely to extend well into 2009 by trimming $400 million from its annual expenses of $3.9 billion. Besides the recently announced layoffs, Yahoo may close some of its U.S. offices and assign more jobs to lower-paid contractors in other countries.

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    Posted by: Yahoo on Oct 25, 2008 at 07:59 PM
    Yahoo tax break . Nebraska gas tax hike Yahoo.Yahoo tax break .nebraska property tax hike .Yahoo tax break . nebraskan get taxed more Yahoo.

    Posted by: Jeff on Oct 25, 2008 at 12:43 PM
    Some of you have absolutely no clue. As mentioned below, these are "mission critical" sites. Which means they're not going anywhere. The biggest problem with this nation is the naive views of so many people. Not to make an excuse, but why alot of businesses go out of country is because they are so heavily taxed here. It's a BUSINESS! It's about making money. Like it or not, that is the reality of it. What needs to happen is we need to (as a nation) do EXACTLY what Nebraska/Omaha/La Vista are doing. Give these businesses these breaks so that they can establish a base & establish jobs (which eventually would include MORE jobs). In turn, the business grows, people (employees included) make money, people spend money and cities make money. It's not all too complicated if you think about the big picture.

    Posted by: Welcome Yahoo on Oct 25, 2008 at 01:11 AM
    I see so much envy in these posts. It must be by people who don't stand a chance to get these jobs. This is data flow people. Omaha is a hub. Time is money. Somebody's got to maintain the facility. It's a win win situation for our community. Kudos to the leaders who landed this deal.

    Posted by: Tonya on Oct 24, 2008 at 10:35 PM
    Um, if they're going to also open a customer service center, I don't think that 100 employees between the data center and customer service center is enough. I know most cust svc centers have more than 100 employees. It'll be incredibly hard to get a job there with those odds.

    Posted by: ted on Oct 24, 2008 at 08:47 PM
    Its anoyher tax write off for the big boys . ther going to stick it to the rest of nebraskans for taxes.Nebraska the tax state not the good life state . i wish our elected officals would give the same tax breaks as they do big business. all they wont to do is stick it to the average joe.

    Posted by: c on Oct 24, 2008 at 08:34 PM
    Smoke and mirrors at the expense Nebraska taxpayers.

    Posted by: to jenn & anon on Oct 24, 2008 at 01:58 PM
    see the owh story. it's a "mission critical" site. your comments don't even make any sense if you understand the subject matter... i say WELCOME YAHOO!

    Posted by: Barb on Oct 24, 2008 at 12:32 PM
    Re: the post by Anonymous...I totally agree. It makes no sense to lay people off and then turn around and build a new facility somewhere. Maybe we all are missing something.

    Posted by: Annette on Oct 24, 2008 at 12:27 PM
    Please don't give our jobs to other countries.

    Posted by: anon on Oct 24, 2008 at 12:24 PM
    Yahoo stock is $12 a share now down from $32 when microsoft wanted to buy them out.

    Posted by: Dan on Oct 24, 2008 at 11:57 AM
    Yahoo is laying off 10% of its workforce.

    Posted by: Anonymous on Oct 24, 2008 at 11:50 AM
    Why would a company that is going to layoff people cut expenses and outsource jobs overseas need a new facility? Must be one heck of a tax break.

    Posted by: jenn on Oct 24, 2008 at 09:25 AM
    so here's another company that will out source overseas. Way to keep in in america and help your own out...no wonder why our country is pit falling......

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