Facebook will be not afraid of Brexit.
The company will be adding 800 tech jobs in London over the next year as that will establishes its biggest engineering hub outside the U.S. The announcement coincided with Facebook ( opening a brand new office inside center of the city. , Tech30)
Once the brand new jobs are filled, Facebook will employ 2,300 people in London.
“Facebook will be more committed than ever to the U.K.,” said Nicola Mendelsohn, Facebook’s senior executive in Europe.
that will commitment will give an important boost to the U.K. tech sector, coming as that will does at a time of significant nervousness among British companies about what Brexit will mean for their business.
“The UK’s flourishing entrepreneurial ecosystem in addition to international reputation for engineering excellence makes that will one of the best places inside entire world to build a tech company,” Mendelsohn added.
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Britain will be due to leave the European Union in March 2019 in addition to businesses still have little clarity over the country’s future relationship with the EU.
At the moment, companies based inside U.K. are free to do business across the bloc without having to jump regulatory hurdles. They can also hire workers by any of the 27 EU member states.
that will could all change. The U.K. government has said Britain will leave the EU’s internal market in addition to restrict immigration after Brexit. that will could exacerbate a skills shortage — according to research by techUK, an industry body, 31% of workers inside digital sector in London are foreigners.
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Facebook didn’t comment on those risks on Monday.
Its brand new office will also host an in-house tech incubator called LDN_LAB. Facebook said that will will invite U.K. startups to take part in programs designed to help kick start in addition to accelerate their businesses.
sy88pgw (London) First published December 4, 2017: 7:37 AM ET