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A mystery company backed by Silicon Valley billionaires has purchased tens of thousands of acres of land for more than $800 million to build a new city near San Francisco (www.businessinsider.com)
submitted 10 months ago by throws_lemy@lemmy.nz to c/technology@beehaw.org
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[-] Pyr_Pressure@lemmy.ca 22 points 10 months ago

They won't have to pay as much for employees to rent an apartment from their company than they would for their employees to rent a San Francisco apartment.

[-] anlumo@feddit.de 38 points 10 months ago

It also means that people who quit immediately lose their home. This is great for employee retention.

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this post was submitted on 27 Aug 2023
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