CHAMPAIGN, Ill. (AP) — Yahoo Inc. is about to start
construction on a new building at the University of Illinois and plans to almost
double its workforce in Champaign.
Yahoo Senior Vice President Scott Burke said that the new
40,000 square-foot building in the university’s Research Park will replace the
existing space the company now occupies.
Burke tells The
News-Gazette in Champaign that Yahoo plans to add 80 employees.
That would push its local workforce to almost 200.
Yahoo’s Champaign location focuses on digital advertising.
The company opened the office in 2007 and said at the time that expansion was
The state Department of Commerce and Economic Opportunity is
giving Yahoo a package of incentives for the expansion. It includes $2.8 million
in tax breaks.
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