Given how hard it is to find labor, due to the lack of housing, they might even have some degree of success. Tech giants need to learn this the hard way: the bay area is not a place for cheap labor: housing costs and taxes are way too astronomical for that.
Also, as the article put it, in the short term, I think Google is putting themselves in a very weak position by making their expansion in San Jose. They could've picked a number of different tech hubs in the rest of the US, but instead chose San Jose. They'll be paying a much higher cost of labor for both engineering talent, plus the countless payoffs they'll need to make to local governments. But, I guess, it must all be worth it, otherwise they wouldn't have done.
> Tech giants need to learn this the hard way: the bay area is not a place for cheap labor: housing costs and taxes are way too astronomical for that.
If the tech giants paid even more than they do already, wouldn't that hurt everyone else even more than they already because of the competition over housing?
Also, as the article put it, in the short term, I think Google is putting themselves in a very weak position by making their expansion in San Jose. They could've picked a number of different tech hubs in the rest of the US, but instead chose San Jose. They'll be paying a much higher cost of labor for both engineering talent, plus the countless payoffs they'll need to make to local governments. But, I guess, it must all be worth it, otherwise they wouldn't have done.