.settings/org.eclipse.wst.common.component, and change following line:<wb-resource deploy-path="/" source-path="/WebContent"/>

Change /WebContent to your preferred directory. I use this for a several years now and encountered no problems with it.

(https://stackoverflow.com/questions/1581683/how-do-i-change-in-an-eclipse-web-project-the-webcontent-folder-to-something-dif)