Meta is shutting down three buildings in its Fremont office complex, as part of a larger strategy to consolidate its office space. The company confirmed that it is reducing its 11 million square feet of office space in the Bay Area, with plans to offload 2 million square feet. The Fremont closures involve relocating employees to the Menlo Park headquarters, prompting additional changes in facilities like cafes and music rooms. This move represents Meta's ongoing adjustments after substantial layoffs and a shift in workforce dynamics.
Meta's decision to close three buildings reflects a major shift in its office space strategy, indicating a consolidation of real estate amidst a shrinking workforce.
This strategic reduction is part of Meta's broader efforts to streamline operations and adapt to changing business conditions following significant layoffs over the past years.
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