After Twitter, these companies are also vacating some of their offices

Twitter Singapore offices were vacated last week reportedly because of non-payment of rent. Now reports suggest two more technology giants are vacating their office buildings due to a slowdown in the industry. Facebook-parent Meta and Microsoft are vacating offices in Seattle and Bellevue, respectively.

Meta said it plans to sublease its offices at the six-storey Arbor Block 333, on Eighth Avenue North in downtown Seattle, and in the 11-storey Block 6 of the Spring District in Bellevue. The company, which is headquartered in Menlo Park, California, said it is also reviewing leases for other Seattle-area office buildings.

Meanwhile, Microsoft, which is based in Redmond, said it won’t renew its lease at the 26-story City Center Plaza in Bellevue when it ends in June 2024.