Google CEO Sundar Pichai speaks on stage at the annual Google I / O Developer Conference in Mountain View, California, May 8, 2018.
Stephen Lam | Reuters
Google says it plans to spend more than $ 7 billion on real estate in the U.S. by 2021, as it resumes spending after the Covid-19 pandemic.
The company said the money would go toward expanding offices and data centers in 19 states, creating what he said would be at least 10,000 full-time jobs. $ 1 billion will go specifically to California.
“Getting together in person to work together and build a community is at the heart of Google’s culture, and it will continue to be an important part of our future,” Sundar Pichai, CEO, said in a statement on Thursday. blogpos said. “We are therefore continuing to make significant investments in our offices across the country, as well as our home state of California, where we will be investing more than $ 1 billion this year.”
Google parent company Alphabet interrupted its real estate spending last year in the wake of the pandemic and Google’s first year-on-year decline in the second quarter of last year.
The expansion of the data center comes as the company aggressively grows its cloud business. The company broke the operating results for the company in its latest earnings report, revealing that it lost $ 5.61 billion last year compared to $ 13.06 billion. Google Cloud CEO Thomas Kurian told investors last month that he was focusing on growing the business now, with a view to profitability.
The company plans to return workers to offices from the fall. Pichai had earlier said Google would not accept a permanent work plan remotely, expecting most employees to show up at designated offices three days a week from September.
As part of the expansions, Pichai said the company will add thousands of new roles to its offices in Atlanta, Washington, DC, Chicago and New York.
“It will help bring more jobs and investment to different communities as part of our previously announced racial equity commitments,” Pichai said, adding that 2020 is the biggest year ever for hiring Black and Latinx Google employees in the USA was
The company plans to open new offices in Seattle, Houston and Mississippi. It is planning several massive land developments in various cities, including near its headquarters in Mountain View, California, where it includes housing.
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