Facebook will open its new office in London’s West End on Monday and create 800 additional jobs in the UK by next year. The move is significant as it marks a vote of confidence in the UK amid the Brexit uncertainty.
Although the social networking giant has had offices in the British capital for over a decade, the new the seven-storey office space will focus mainly on engineering but also house developers, sales and marketing teams. Nonetheless, the move will make it the company’s biggest engineering workforce outside the United States.
The move is significant as it marks a vote of confidence in the UK amid the Brexit uncertainty.
The 247,000 sq ft premises located just off Oxford Street are designed by Canadian-born American architect Frank Gehry. The offices will be home to the start-up incubator LDN_LAB, a scheme which helps tech startups to take part in three-month programmes designed to help boost their development.
“The UK is not only the best place to start a new business, it’s also the best place to grow one,” UK’s Chancellor, Philip Hammond, said. “It’s a sign of confidence in our country that innovative companies like Facebook invest here.”
The British government is lobbying hard to tech talent. According to Bloomberg, May’s government plans to double the number of visas available to highly skilled workers, including technology-savvy candidates.
To recall, the world’s biggest online retailer Amazon opened its new headquarters in the capital early this summer and Search giant Google also confirmed its plans to develop a massive 11-storey building and create 3000 new jobs.