Jan 12th, 2023
Big Tech Ditching Office Space in London
Alphabet, Meta and software giant Salesforce are among the latest US technology groups seeking to abandon leased office space in London, as the market crash and a cooling economy brings the sector’s years of rapid expansion to a halt. The moves follow massive job cuts, with Amazon and Salesforce announcing over 25-thousand last week alone. Just over a year ago, FAANGS were sparing no expense in renovating their shiny buildings in the British capital - but the tech downturn and the UK losing its crown as Europe's biggest stock market to Paris may have killed some of London's appeal.







