23 July 2018
While the U.K.’s imminent withdrawal from the European Union seems to grow messier by the day, tech giant Facebook is giving the region a vote of confidence by deciding to massively expand its footprint there.
A company spokesperson confirmed to Reuters today that Facebook has acquired new office space in London, effectively doubling its size in the city.
“Today’s news reflects our commitment to the U.K. and our desire to grow our business and the U.K. economy,” Steve Hatch, Facebook’s managing director for Northern Europe, said in a statement to Reuters.
https://www.youtube.com/embed/LZrtYxkw8po Facebook first arrived in London more than a decade ago but has been ramping up its engineering headquarters there in recent years. The company opened a new London headquarters late last year, saying it planned to expand to 2,300 employees by the end of 2018.
Hatch told Reuters that the company had just bought another 600,000 square feet of office space, which would double its total office space in London and provide enough room for up to 6,000 employees.