We know all about the legions of tech workers who live in fun, urbane San Francisco and commute to work in Silicon Valley. They've been blamed for driving up rents in the city. And the luxury buses that carry them to and from Google, Apple, Yahoo and other tech campuses have been likened to "spaceships on which our alien overlords have landed" to rule over the locals.
Now, one big Silicon Valley company is trying to get its employees to move closer to work. Facebook is offering payments of $10,000 and up to workers who relocate to within 10 miles of its main campus, just off Highway 84 at the western end of the Dumbarton Bridge.
Reuters reports that the company will also pay employees the extra cash depending on their family status. Single employees would get less than an employee with kids, for example.
Reuters reporter Sarah McBride broke the story, and she notes Facebook's move could help relieve some congestion and traffic, and it could give employees a better work/life balance. But it also threatens residents in nearby communities -- East Palo Alto, Menlo Park and Redwood City, for instance -- who find themselves competing for housing with well-paid Facebook workers.
McBride joined me in the studio on Friday, Dec. 18, to talk about the story.