{"id":10293,"date":"2012-04-19T01:35:14","date_gmt":"2012-04-18T23:35:14","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=10293"},"modified":"2012-04-19T11:50:11","modified_gmt":"2012-04-19T09:50:11","slug":"facebook-pays-millions-to-employ-more-people","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/internet\/10293\/facebook-pays-millions-to-employ-more-people\/","title":{"rendered":"Facebook pays millions to employ more people"},"content":{"rendered":"<p>A Silicon Valley city where <a title=\"Facebook\" href=\"http:\/\/businesstech.co.za\/forum\/showthread.php\/1710-Facebook\">Facebook<\/a> recently opened its new headquarters approved a deal that will allow the company to bring in thousands more employees.<\/p>\n<p>The Menlo Park City Council unanimously agreed Tuesday to let the social networking giant make annual payments totaling nearly $10 million to cover the impact that the influx of new workers will have on city infrastructure.<\/p>\n<p>Facebook will also pay for more than $1 million in capital improvements, such as pedestrian and bicycle paths, and set up high school internship and job training programs. The agreement establishes a $500,000 fund for the nearby city of East Palo Alto, where unemployment is high and the median income is low.<\/p>\n<p>In exchange, Menlo Park will expedite permits and not levy unexpected city fees on the company.<\/p>\n<p>Residents who attended the Tuesday night meeting urged city leaders to approve the deal.<\/p>\n<p>&#8220;Usually a city has to put out lures and enticements&#8221; to attract companies such as Facebook, said Louise DeDera, a member of the city&#8217;s Allied Arts Guild. &#8220;Don&#8217;t be greedy.&#8221;<\/p>\n<p>Facebook wants to employ about 6,600 people on its 57-acre (23-hectare), nine-building campus. It needed the city&#8217;s approval to exceed the limit of 3,600 employees that was placed on the previous occupant, <a title=\"Sun Microsystems\" href=\"http:\/\/businesstech.co.za\/forum\/showthread.php\/1996-Sun-Microsystems\">Sun Microsystems<\/a>.<\/p>\n<p>Facebook eventually wants to expand and build a west campus across the street to make room for a total of 9,400 employees.<\/p>\n<p>The increased traffic along a major road running between Highway 101 and the new headquarters along San Francisco Bay has been a key issue among residents. Facebook has said it will encourage employees to carpool, take public transit or walk or bike to work.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A Silicon Valley city where Facebook recently opened its new headquarters approved a deal that will allow the company to bring in thousands more employees.<\/p>\n","protected":false},"author":5,"featured_media":785,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9882],"tags":[25,45,927],"class_list":["post-10293","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-internet","tag-active","tag-facebook","tag-silicon-valley"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/10293","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=10293"}],"version-history":[{"count":4,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/10293\/revisions"}],"predecessor-version":[{"id":10296,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/10293\/revisions\/10296"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/785"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=10293"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=10293"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=10293"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}