posted on November 6, 2002 10:01:46 PM
I think that means they want to leave the Silicon Valley and it's expensive real estate and high housing costs. The vast majority of those 3,000 staff members are probably low paid workers handling billing and mundane crap like that. They can leave a small group of highly trained computer nerds in the Valley to create new computer code and such but the rest are dime-a-dozen workers that can be hired anywhere. If ebay is smart they will move their headquaters to the nearby Central Valley where homes and real estate are only a fraction of the price of similar items in the Silicon Valley.
posted on November 7, 2002 07:48:18 PM
Here's an interesting link that will amuse some. Just place your cursor over San Jose and the surrounding areas to see the median price of a house.