LivingSocial, who just recently announced a round of layoffs slashing their workforce by 9%, is planning to rearrange their workforce from three of its buildings in Washington D.C.
A recently leased full floor of employees at 718 St. NW, D.C. will be included in the move. They will potentially work in the 12,500 square foot space located at 718 7th St. NW in Chinatown. According to a recent press release, LivingSocial is also looking to sublease its 22,500 square foot space at the company’s old headquarters at 829 7th St. NW and 702 H St. NW.
According to an article published Dec. 7 by the Washington Business Journal, company spokesman Andrew Weinstein explained that LivingSocial plans to move workers in those buildings to more efficient and larger space the company leases at 1445 New York Ave. NW, 1005 7th St. NW and 918 F St. NW.
“Those new, larger spaces are allowing us to consolidate our employees from some of our older buildings, so we can co-locate teams for better communication and closer collaboration,” Weinstein told the Washington Business Journal.
LivingSocial Company officials also told the Washington Business Journal last week that they still plan to seek a combined headquarters in D.C., a condition they would need to meet to tap up to $32.5 million in tax breaks the D.C. Council approved earlier this year in a bid to keep the company in the District.
