Facebook CEO Mark Zuckerberg said the social media company plans to expand offices more outside of the Bay Area than within it because of local infrastructure challenges like traffic and housing costs.
“At this point, we’re growing primarily outside of the Bay Area. Obviously, we’re still going to be growing a bit here, but the infrastructure here is really, really tapped. You guys all see this,” Zuckerberg said Thursday at an internal company question-and-answer session that was broadcast online. “The housing prices are way up. The traffic is bad.”
Read more: https://www.sfchronicle.com/business/article/Zuckerberg-Traffic-housing-woes-hindering-14490820.php?utm_source=newsletter&utm_medium=email&utm_content=headlines&utm_campaign=sfc_techchronicle