Meta to close one New York office amid consolidation - Bloomberg
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Meta Platforms (NASDAQ:META) is planning to close one of its New York City offices after scaling back expansion there, Bloomberg reports.
The company will terminate its lease at 225 Park Ave. South, which it says has served as a "great bridge space" as the company consolidates its area workforce in the Hudson Yards development and at the Farley Building, near Penn Station.

It's "firmly committed to New York and further anchoring our local footprint," a spokesperson told Bloomberg.
That news follows last week's reports that Meta CEO Mark Zuckerberg told employees the company would freeze hiring, and hint at restructuring as the company would end 2023 as a "somewhat smaller" organization.