Br­ex­pan­sion?

China Daily (USA) - - FRONT PAGE - By BLOOMBERG

Face­book is in­creas­ing its head­count in the UK by 50 per­cent, hir­ing 500 new em­ploy­ees and back­ing the Bri­tish cap­i­tal of Lon­don as an im­por­tant tech hub.

Face­book Inc is to in­crease its UK head­count by 50 per­cent, hir­ing 500 new staff mem­bers and back­ing the Bri­tish cap­i­tal as an im­por­tant tech­nol­ogy hub.

The so­cial me­dia com­pany is mov­ing to a new Lon­don head­quar­ters in 2017, and has plans to up its head­count from 1,000 to 1,500, the com­pany said in a state­ment on Mon­day.

“Many of those new roles will be high-skilled en­gi­neer­ing jobs,” said Ni­cola Men­del­sohn, Face­book’s vice-pres­i­dent for the EMEA re­gion. “The UK re­mains one of the best places to be a tech com­pany and is an im­por­tant part of Face­book’s story.”

At a speech on Mon­day given to the an­nual con­fer­ence of the Con­fed­er­a­tion of Bri­tish In­dus­try, a lobby group, Men­del­sohn also said the UK needs to avoid shut­ting it­self off to the global econ­omy due to com­pe­ti­tion from ri­val tech hubs such as Ber­lin and Tel Aviv. She said the move­ment of tal­ent across Euro­pean borders is “very im­por­tant” to the com­pany.

“We need to make sure we con­tinue to look out­ward and not in­ward,” Men­del­sohn said. “We need to stay com­pet­i­tive.”

The an­nounce­ment ex­tends a re­cent string of sim­i­lar prom­ises made by ma­jor US tech com­pa­nies re­gard­ing their plans in the UK.

Last week Google ce­mented plans that it would ex­pand in the UK, say­ing it will go-ahead with plans to com­plete a new Lon­don of­fice that can hold as many as 7,000 work­ers — 3,000 more than a spokesman said it cur­rently em­ploys in the UK.

REUTERS

Ni­cola Men­del­sohn, Face­book vice-pres­i­dent for the EMEA re­gion ad­dresses the Con­fed­er­a­tion of Bri­tish In­dus­try’s an­nual con­fer­ence in Lon­don, on Mon­day.

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