Type
Business expansion
Country
United Kingdom
Region
London;
Location of affected unit(s)
London
Sector
Information / Communication
Information Service Activities
Digital Infrastructure Services
63.1 - Data processing, hosting and related activities; web portals

500 jobs
Number of planned job creations
Job creation
Announcement Date
12 June 2019
Employment effect (start)
Foreseen end date
31 December 2019

Description

Social Media platform Facebook has announced plans to create 500 new jobs when it opens a new engineering centre in Soho, London. Around 100 of the jobs will be in artificial intelligence and positions will focus on removing malicious and harmful content and fake accounts. When the jobs are added, Facebook will have around 3,000 employees in London. London mayor welcomed the news of the tech giant's investment saying that it gives the signal that London's tech sector is in good health. 


Sources

Citation

Eurofound (2019), Facebook, Business expansion in United Kingdom, factsheet number 97974, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/97974.