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Facebook paying workers to move closer to HQ

To qualify, they must buy or rent a home within 16km of the campus at One Hacker Way

A vacant lot on Weeks street where a school funded by Facebook founder Mark Zuckerberg and wife Priscilla Chan is set to be built in East Palo Alto. Once a crime-ridden city, the recent influx of tech money has seen a decline in crime, including robbery, auto theft and rape.

New York

FACEBOOK Inc is offering employees at its Silicon Valley headquarters at least US$10,000 to move closer to the office, a reflection of the challenges many tech companies face in the increasingly expensive and congested San Francisco Bay area.

To qualify for the payment,...

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