Facebook has claimed that it will hire an extra 500 employees in the UK next year, boosting its British headcount by 50 per cent when it opens its new London office. Many of these new roles will be high-skilled engineering jobs.
Facebook is the latest technology company to have pledged confidence in the City; Google recently outlined its £1 billion investment in the UK, whilst both Apple and Amazon signed up to new lodgings in London. Sadiq Khan, the Mayor of London, stated: “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.”
Despite the confidence that various foreign companies have in the UK following its vote to leave the EU, concerns about accessing skilled global talent are still prevalent. Julian David, chief executive of industry body TechUK, whose members include Facebook, said: “We need clarity about the existing EU employees, and we need a regime that allows for frictionless movement of talent.”