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Facebook parent Meta and Microsoft are separately vacating office buildings in Seattle and Bellevue in Washington -in the latest sign of change in the tech sector and softness in the office market here - according to the Seattle Times.
Get latest articles and stories on Business at LatestLY. Facebook confirmed on Friday plans to sublease its offices at the six-story Arbor Block 333 in downtown Seattle, and in the 11-story Block 6 of the Spring District in Bellevue, the Seattle Times reported. The Seattle Times said on the same day, Redmond-based Microsoft confirmed reports that it won't renew its lease at the 26-story City Center Plaza in Bellevue when that lease ends in June 2024. Business News | Meta, Microsoft Vacate Office Buildings as Remote Work, Layoffs Happen: Seattle Times.
In the latest sign of change in the tech sector -- and softness in the office market -- Facebook parent Meta and Microsoft are separately vacating office ..