Date:31/03/21
Google is going to invest over $ 7 billion in real estate in 2021. These funds will be allocated to expand offices and data centers in 19 US states. A billion dollars of that amount will go directly to expanding the company’s California area. The investment will allow Google to create at least 10,000 additional jobs.
“Collaboration and team building is at the core of Google’s culture and will remain an important part of our future. Therefore, we will continue to invest heavily in our offices across the country and in our home state of California, where we intend to invest more than $ 1 billion this year, ”said Alphabet CEO Sundar Pichai in a blog post.
In the midst of the COVID-19 pandemic last year, Alphabet, which Google owns, slashed real estate spending. The decision to expand the data centers was made against the backdrop of the company’s cloud business’s active development. In its most recent financial report, the company said that, with $ 13.06 billion in revenues, losses in this direction amounted to $ 5.61 billion. Google Cloud CEO Thomas Kurian said in a conversation with investors last month that the company has an eye for the future will focus on expanding this business.
Google plans to start returning its employees to offices from remote work in the fall of this year. Sundar Pichai previously said the company has no plans to move to a regular telecommuting schedule and expects most employees to start coming to offices three times a week from September.
As part of the expansion, Google plans to create thousands of new positions in its Atlanta, Washington, Chicago, and New York offices. Besides, new offices are planned to open in Seattle, Houston, and Mississippi. The company is also in the planning stages for major developments in various cities, including one near its headquarters in Mountain View.
Google invests over $ 7 billion in new offices and data centers in the USA
Google is going to invest over $ 7 billion in real estate in 2021. These funds will be allocated to expand offices and data centers in 19 US states. A billion dollars of that amount will go directly to expanding the company’s California area. The investment will allow Google to create at least 10,000 additional jobs.“Collaboration and team building is at the core of Google’s culture and will remain an important part of our future. Therefore, we will continue to invest heavily in our offices across the country and in our home state of California, where we intend to invest more than $ 1 billion this year, ”said Alphabet CEO Sundar Pichai in a blog post.
In the midst of the COVID-19 pandemic last year, Alphabet, which Google owns, slashed real estate spending. The decision to expand the data centers was made against the backdrop of the company’s cloud business’s active development. In its most recent financial report, the company said that, with $ 13.06 billion in revenues, losses in this direction amounted to $ 5.61 billion. Google Cloud CEO Thomas Kurian said in a conversation with investors last month that the company has an eye for the future will focus on expanding this business.
Google plans to start returning its employees to offices from remote work in the fall of this year. Sundar Pichai previously said the company has no plans to move to a regular telecommuting schedule and expects most employees to start coming to offices three times a week from September.
As part of the expansion, Google plans to create thousands of new positions in its Atlanta, Washington, Chicago, and New York offices. Besides, new offices are planned to open in Seattle, Houston, and Mississippi. The company is also in the planning stages for major developments in various cities, including one near its headquarters in Mountain View.
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