It’s a Monday morning and we’ve got some positive news for the UK’s tech industry… hurrah! Facebook have placed confidence in the UK tech industry by pledging 500 new jobs to their proposed new London office.
Great news for the UK tech industry as California based Social Media giants Facebook have pledged to increase their UK headcount by 50 per cent. This is obviously promising news for tech companies in the UK as confidence must remain, especially in our capital which we pride on being a world tech hub.
Nicola Mendelsohn, Facebook’s head of Europe, the Middle East and Africa, will announce the major expansion today at the Confederation of British Industry’s annual conference. Also to be discussed today is Facebook’s new strategy for helping small businesses expand by connecting them to customers across the world.
The news comes as Facebook prepares to move into its new offices in central London’s Fitzrovia district in 2017. A move praised by Sadiq Khan, the London mayor, “Facebook’s decision to expand in London showed its strength as a tech hub “keeps on growing”. He added: “The capital’s vibrant tech scene is the envy of Europe and Facebook’s continuing commitment is another sign that London is open to talent, innovation and entrepreneurship from all four corners of the world.”
The expansion shows signs of promise as fears grew that US tech companies such as Facebook would be discouraged to expand in the UK due to scrutiny over tax bills in the past and increased pressure from Brussels.
“The UK remains one of the best places to be a tech company and is an important part of Facebook’s story,” said Lady Mendelsohn. “We came to London in 2007 with just a handful of people, by the end of next year we will have opened a new HQ and plan to employ 1,500 people.”
“Many of those new roles will be high-skilled engineering jobs as the UK is home to our largest engineering base outside of the US.”
Significant announcements from other tech ‘unicorns’ have also showed similar promise. Amazon have said since the Brexit vote that it plans to create an extra 1,000 British jobs and recently, Apple revealed plans to set up a new UK headquarters in the redeveloped Battersea Power Station. Google have also announced that is plans to employ a further 3000 UK workers in its London office throughout the next few years to widen it’s pool of global engineering talent. This is welcoming news to the UK’s prime minster Teresa May as she is under growing pressure to ensure that the UK is an attractive place to prosper in business.
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