Embodiments of the present invention provide an approach for dynamically relocating a set of workloads among geographic regions of a networked computing environment (e.g., a cloud computing environment) based on infrastructure/computing resource needs. In a typical embodiment, it is determined whether a first geographic region of the networked computing environment has a first set of computing resources with an available capacity that meets a needed capacity for handling a set of workloads that is initially associated with the first geographic region. If not, a second geographic region of the networked computing environment having a second set of computing resources with the needed capacity is identified. In general, this determination can be made based upon multiple factors such as: a set of performance requirements, stored in at least one computer data structure, needed to handle the set of workloads; a set of environmental parameters, stored in the at least one computer data structure, having a potential to affect the handling of the set of workloads; and/or a set of cost parameters, stored in the at least one computer data structure, associated with handling the set of workloads. Once the second geographic region has been identified, the set of workloads can be associated with and handled thereby.