Today's Hard|Forum Post
Today's Hard|Forum Post

Thursday December 17, 2015

Facebook Puts A Price On Suburban Living For Employees

Awesome benefit for Facebook employees or evil plot by the social network to accelerate the gentrification of nearby lower-income communities?

To qualify for the payment, which the social networking firm started offering in the last 12 months, according to current and former Facebook workers, employees must buy or rent a home within 10 miles (16 km) of the Facebook campus at One Hacker Way, a desolate strip of road overlooking a marsh about 30 miles (48 km) south of San Francisco. Some Facebook employees with families to support could earn a one-off payment of $15,000 or more for housing costs.