Wired
Apple is eager to secure talented people from all over the world, but it seems that the soaring cost of living in the San Francisco Bay Area, where Silicon Valley is located, is affecting recruitment.
High prices and excellent human resources do not gather
Mark Garman, who is familiar with Apple’s affairs, reported in Bloomberg that hiring in Silicon Valley has been extremely difficult due to high prices in the area, which has plagued Apple’s recruitment team. is.
In order to go to Apple Park, where the head office is located, you need to settle in the San Francisco Bay Area, but since you can’t live on a normal salary, including land prices, you can’t match by hiring.
According to Bloomberg’s article, engineers who are generally high-income but barely pay for the area’s extraordinary living expenses and are unable to afford their children’s college entrance fees and long-term savings. Introduced.
As of 2019, rising prices have lowered housing ownership, making it impossible for people who are essential to community management, such as firefighters, paramedics, and teachers, to live, and Apple is $ 2.5 billion (about 275 billion). It was announced that it would launch a fund (yen).
To overcome this situation, Apple has recently been decentralizing its headquarters from Cupertino. We have opened offices in succession for several years, not only in Florida, Massachusetts, Texas and the United States, but also in Israel, parts of Asia, Germany, etc., and we are working to secure excellent human resources in low-priced areas. I’m out.
Office construction costs exceed 100 billion yen
Of course, Apple doesn’t set up small offices in each region.
The new campuses in Austin, Texas and North Carolina are expected to cost $ 1 billion each. Considering that the total construction cost of Apple Park was 5 billion dollars (about 550 billion yen), it is considered to be quite large.
Eventually, tens of thousands of jobs will be created outside of Silicon Valley.
Source: Bloomberg via AppleInsider
(kihachi)
Source: iPhone Mania