Facebook Triples HQ
Now that Facebook has gone public with their IPO, they have a bit of extra cash lying around. What better to spend this money on than to triple the size of their HQ in Menlo Park? May 29, officials approved the major social network’s plan to add 4,400 workers to the 2,200 person workforce. The catch? Facebook now has to contribute $850,000 per year for 10 years, as well as an upfront payment of $1,000,000. Do you think that it was smart for Facebook to increase its workforce, or do you think that this is the starting point of their downfall? We’ll have to let the stock market decide, but in the meantime, let us know your opinion in the comments below.