Facebook Building a Company Town
cold fjord writes "The Wall Street Journal reports, 'Facebook Inc.'s sprawling campus in Menlo Park, Calif., is so full of cushy perks that some employees may never want to go home. ... The social network said this week it is working with a local developer to build a $120 million, 394-unit housing community within walking distance of its offices. ... the 630,000 square-foot rental property will include everything from a sports bar to a doggy day care. Even in Silicon Valley, where tech companies compete to lure coveted engineers with over-the-top perks and offices that resemble adult playgrounds, Facebook's plan breaks new ground. A Facebook spokeswoman said employee retention wasn't a major factor in the real estate push. "We're certainly excited to have more housing options closer to campus, but we believe that people work at Facebook because what they do is rewarding and they believe in our mission," she said. Some employees had inquired about places to live near the corporate campus, she said ... The development conjures up memories of so-called "company towns" at the turn of the 20th century, where American factory workers lived in communities owned by their employer and were provided housing, health care, law enforcement, church and just about every other service necessary.'"
>were provided housing, health care, law enforcement, church and just about every other service necessary.'
Amazing how you can make servitude sound good if you omit enough.
They were also "provided" with constantly mounting debt and money unusable anywhere else to make them docile, servile, and put them at the bosses' mercy.
What mission is it the company thinks employees believe in, exactly? It's hard to believe the employees find it meaningful and rewarding to sell people's personal information or push advertisements into people's news feeds...
#DeleteChrome
This reminds me of the book Oryx and Crake. This is essentially the first private, corporate community. There will be many more like them in the future.
These people will not be part of the community in which the buildings exist. They will not give back to the community. Hell, I bet some tax loopholes will ensure their money doesn't even make it into the local economy.
And the work is rewarding because Facebook has a mentality that they are changing the world. They are, of course, but not in the ways that they tout. They say they are making the world more connected. However, I feel way less connected to my friends and Family now that I see their updates on Facebook. All they have done is created a super awesome database of private information and given the keys to the Government, all while creating a new sort of loneliness among people.
Way, way past time to acquire. I had friends that just sold their 3 bedroom, mid-century home for well over a million dollars.... The house will likely be torn down and replaced with something larger. Had the house been newer or bigger, the property would have got for more. The 1+ million was essentially for the lot.