Article Y1VN Facebook offers employees $10,000 to live close to the office

Facebook offers employees $10,000 to live close to the office

by
Reuters
from on (#Y1VN)

Technology company's offer has raised concerns over accelerated 'gentrification' of Silicon Valley

Facebook is offering employees at its Silicon Valley headquarters at least $10,000 to move closer to the office.

The move is a reflection of the challenges many tech companies face in the increasingly expensive and congested San Francisco Bay area of California.

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