Google has announced plans to invest $9 billion in US offices and data centers this year, in a move the tech giant says will create 12,000 new full-time jobs within the company and thousands more among its partners and suppliers. Last year, the company had plans to invest $7 billion in those assets.
CEO Sundar Pichai acknowledged the irony of doubling down on its office footprint as it allows for flexible work schedules for its employees.
"Yet we believe it's more important than ever to invest in our campuses and that doing so will make for better products, a greater quality of life for our employees, and stronger communities," he said in prepared remarks.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
