5:27:49 PM PDT - Sunday, August 14th, 2022

Despite remote work and the economic downturn, some companies look to London for expansion  

By Editor - Thu Aug 04, 7:15 am

Barely a day goes by without news of layoffs emerging from the tech world — from cybersecurity  to gaming , no industry is impervious. It’s not limited to any particular size of company, either — everything from fledgling startups and scaleups  to billion-dollar public entities such as Netflix have all “downsized” or put their hiring plans on pause this year . On top of that, there is no geographical factor at play, with companies spanning North America , Europe , Asia , Africa and beyond all impacted. But juxtaposed against this, some companies seem to be bucking the downsizing trend by not only hiring, but also opening physical offices to accommodate broader expansion plans. London in particular remains a key destination for international firms looking to spread their proverbial wings, with U.S. unicorns and public companies revealing inaugural or upsized offices in the U.K. capital in recent months

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Despite remote work and the economic downturn, some companies look to London for expansion

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