On Monday, Facebook opened its new office in London, with the promise of creating 800 jobs in the following year, underlining its commitment to Britain once it leaves the European Union.
This new office makes London the biggest Facebook engineering hub outside of the United States.
It was welcomed by Finance Minister Philip Hammond, who was given a tour of the new building located off Oxford Street, the heart of the city.
“It’s a sign of confidence in our country that innovative companies like Facebook invest here,” Hammond said.
Facebook announced this expansion in November 2016, shortly after Google said it was building a new London hub that would create over 7000 jobs. These announcements were seen as a vote of confidence in London’s future as a technological hub after its separation from the European Union.
“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.
“The new hires take Facebook’s total staff in London to 2,300”, she said, “working on products ranging from virtual reality to Workplace, its enterprise platform that is being used by organizations such as Royal Bank of Scotland and Oxfam.”
Mendelsohn said the access to the best talent was Facebook’s priority.
“We have made our case to government that one of the main things that we want is a stable regulatory environment in which we can operate and thrive,” she said in an interview.
“The emphasis on engineering and the 800 new jobs being created shows London remains at the forefront of global innovation,” London Mayor Sadiq Khan said in a statement.
“What’s more, the launch of the company’s incubator is set to play a crucial role in attracting vital talent to London and will help to pave the way for the next generation of successful start-ups.”