Square Moving To A New Facility To Accomodate Employee Growth
Square has announced that they are opening a new office in San Francisco. Square is currently based in the Chronicle Building in downtown San Francisco and they will be moving to 1455 Market Street (Central Market area). They will be moving in the new building by mid-2013.
Square grew from around 150 employees to over 400 in the past year. They have plans to hit around 1,000 employees by the end of next year.
“We’re grateful for San Francisco’s commitment to technology, and we’re thrilled the city will remain our home,” stated Square co-founder and CEO Jack Dorsey. “Square businesses have already facilitated more than $300 million in commerce in San Francisco, and there’s so much more we can do to make a difference in the city and around the world.”