Facebook announces new headquarters in London, set to hire 500 new employees by 2017

Social media giant Facebook announced on Monday that it is set to open its new London headquarters in 2017 which in turn will lead to creation of another 500 jobs in the UK. 

Further, it will help the organisation to double its presence in the country despite uncertainty over Brexit.

The expansion plan by the California-based technology firm was announced a week after US tech giant Google said it would expand its vast London campus in a move that could bring 3,000 more jobs for Brexit-hit Britain.

Facebook firm will hire 500 additional employees, including engineers, marketers, project managers and sales staff as part of its plan to expand its UK presence.

"The UK remains one of the best places to be a tech company," said Facebooks London-based executive, Nicola Mendelsohn.The firms new headquarters will be in Fitzrovia in central London at a site that is currently undergoing redevelopment.

The majority of the new staff will be based there.

Mendelsohn officially announced the expansion plan at the Confederation of British Industry (CBI) conference in London."Many of those new jobs will be high-skilled engineering posts as the UK is home to our largest engineering base outside the US," said Mendelsohn, who is vice-president for Europe, the Middle East and Africa at Facebook.

Engineers at Facebooks London office are continuing the development of Workplace, a platform devised to improve communications between workers within a business, launched last month.

London mayor Sadiq Khan said: "Facebooks decision to expand in London is further evidence that Londons strength as a tech hub keeps on growing."

"The capitals vibrant tech scene is the envy of Europe and Facebooks continuing commitment is another sign that London is open to talent, innovation and entrepreneurship from all four corners of the world."