Deals
Meta Is Closing One New York Office With Cutbacks Looming
- Building was ‘great bridge’ to other sites, spokeswoman says
- Meta scaling back some real estate plans, freezing hiring
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Meta Platforms Inc. is planning to close one of its offices in New York after scaling down its expansion plans in the city, according to people familiar with the matter.
The company is exercising its option to terminate its lease at 225 Park Ave. South in Manhattan, said the people, who asked not to be identified because the information was private.