Facebook (NASDAQ:FB) has announced that it will create 500 new tech jobs in the capital by the end of the year.
The social network also said that it would employ more than 3,000 people in London by the end of the year.
Facebook’s investment into the capital will prove a welcome development for post-Brexit Britain. Indeed, Facebook said that the UK remains its largest base outside of the US.
“Safety is our top priority at Facebook and over the last two years we’ve substantially increased our investment in this area,” said Nicola Mendelsohn, Facebook’s vice president for Europe, the Middle East and Africa at a London Tech Week event.
“These hundreds of new jobs demonstrate not only our commitment to the UK but also our determination to do everything we can to keep Facebook safe and secure.”
“Many of these new roles will accelerate our artificial intelligence work in London as we continue developing technology to proactively detect and remove malicious content,” she also said.
The company has come under fire in recent years amid renewed public concern over privacy and data protection.
Famously, the social network came under intense scrutiny after it was revealed that Cambridge Analytica harvested the data of 87 million users on its site.
Shares in firm are currently trading +1.88% as of 11:49AM (GMT).
