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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.
The Seattle Times reported that Meta is reviewing
As office rentals drop significantly in the city of San Francisco amid remote work and massive layoffs, Meta (formerly Facebook) and Microsoft are now vacating office buildings in Seattle and Bellevue in Washington State.The Seattle Times ...
The Seattle Times reported that Meta is reviewing