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Meta Layoffs, Tech Turmoil May Ripple Through Seattle Office Market

Early Job Cuts in the Area Limited So Far
The Block 5 building at 1615 123rd Ave. in Bellevue, Washington, slated for completion in 2023, is one of three under-construction buildings in the city fully preleased by social media giant Meta. (CoStar)
The Block 5 building at 1615 123rd Ave. in Bellevue, Washington, slated for completion in 2023, is one of three under-construction buildings in the city fully preleased by social media giant Meta. (CoStar)
CoStar News
November 15, 2022 | 7:55 P.M.

The latest tech layoffs around the United States have officially hit Seattle, with Facebook parent Meta notifying regulators it intends to lay off more than 700 people in the area.

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