INDUSTRY NEWS

Facebook moves to London office in Euston

Facebook has moved away from Covent Garden into a new London office.

The social networking firm will occupy three floors of the new office located in Euston at 10 Brock Street.

Facebook has signed a ten year lease for the new UK headquarters.

This new office gives the firm the capacity to double the amount of staff currently employed.

The move is part of Facebook’s plans to make its British employees feel like they work in more than a satellite office.

Facebook believes each satellite team needs a standalone project so that it can set its own goals.

In order to do get to the standalone project phase, these offices must go through three stages.

When the office works up to stage three, where the London office is currently at, instead of Facebook headquarters checking in every day to see what decisions have been made, they will check in every week or other week.

It’s rumoured that Twitter were originally going to move into the building but have since pulled out.

10 Brock Street already houses brands; Debenhams and Manchester City Football Club.

Facebook isn’t the only technology firm which has decided to relocate from the West End, with Yahoo and Google also having announced plans to move,

By: Kirsty MacGregor

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