Facebook to add 800 jobs in London
Print Edition
FACEBOOK opened its new London office yesterday and said it would add another 800 jobs in the capital next year, underlining its commitment to Britain as the country prepares for Brexit.
The investment, which makes London the biggest engineering hub for Facebook outside the United States, was welcomed by finance minister Philip Hammond, who was given a tour of the new building located off the main shopping thoroughfare of Oxford Street.
“It’s a sign of confidence in our country that innovative companies like Facebook invest here,” he said.
Facebook announced the new investment in November last year, shortly after Google said it was building a new hub in the city that will be able to accommodate over 7,000 employees.
The twin announcements were seen as a vote of confidence in London’s future as a technological hub despite the decision to leave the European Union which has thrown Britain’s future trading relationships into doubt.
“The UK’s flourishing entrepreneurial ecosystem and international reputation for engineering excellence makes it one of the best places in the world to build a tech company,” EMEA vice president Nicola Mendelsohn said.
“And we’ve built our company here — this country has been a huge part of Facebook’s story over the past decade, and I look forward to continuing our work to achieve our mission of bringing the world closer together.”
The site will also house Facebook’s first in-house start-up incubator aimed at helping kick start fledgling British digital businesses.
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