It comes as the social media giant rolls out a new hybrid working policy for employees
Facebook’s parent company Meta has paid £149m to break its lease at a major London office as its staff continue to work from home.
The social media giant made the payment to landlord British Land as part of its exit from the eight-storey office on 1 Triton Place, near Regent Park, with the £149m fee amounting to around seven years of rent.
It comes as Meta rolls out a new hybrid working policy for staff, who are required to work from assigned offices just three days a week.
Meta said the scaling back of office space reflects the post-pandemic demand for flexible working, while the firm’s London office has also been hit by hundreds of redundancies over the past year.