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Facebook signals support for post-Brexit Britain with new London office

Proactive Investors Monday, 4 December 2017
Facebook Inc. (NASDAQ:FB) said it would add 800 more jobs in London next year as it opened a new office in the capital on Monday, showing its support for a post-Brexit Britain. The London office will be Facebook’s largest engineering hub outside the US with more than half of the people working at the site to be in the profession. Facebook set up its first London site 10 years ago and the new office will bring the group’s total British workforce to more than 2,300 by the end of 2018. The new site will also include LDN_LAB, the company’s in-house incubator for British digital business start-ups. EMEA vice president Nicola Mendelsohn said Facebook was committed to supporting the UK’s innovative start-ups and the nation as it prepares for Brexit. “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,” she 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 new office, located in the London’s West End, was announced last year after Google said it was building another hub in the city.
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