Google bets on offices with US$9,500M investment in the US

Google said it will invest $9.5 billion in offices and data centers in the United States during 2022, investing in its bid to bring more workers back to their offices.

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(Bloomberg) — Google said it will invest $9.5 billion in offices and data centers in the United States during 2022, investing in its bid to bring more workers back to their offices.

The Alphabet Inc. owned company based in Mountain View, California, will invest in campuses across the country and expects to create 12,000 new jobs as part of the investment, CEO Sundar Pichai said in a statement Wednesday.

Technology companies have struggled to balance the return of workers to the office without causing discomfort among their staff, who are often in high demand.

“It may seem counterintuitive to increase our investment in physical offices even when we adopt greater flexibility in the way we work,” Pichai said. “However, we believe that it is more important than ever to invest in our campuses and that doing so will generate better products, a better quality of life for our employees and stronger communities.”

In March, Google asked its employees in the San Francisco Bay Area to work in its offices three days a week starting this month, which has frustrated some employees who wanted to move out of the expensive region.

Recently, Apple Inc. employees rejected the company's attempt to encourage staff to return to its pool of multi-million-dollar global offices, including its $5 billion headquarters in Cupertino, California.

Apple employees must return to the office at least once a week by April 11, twice a week before the end of the month, and on Mondays, Tuesdays, and Thursdays before May 23.

In March 2021, Google announced a $7 billion investment in the US that included the creation of at least 10,000 new jobs, less than the US$10 billion it promised to invest in 2020.

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Google Bets on Offices With $9.5 Billion U.S. Investment (2)

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