Google plans to take a position $9.5 billion in US places of work, knowledge facilities

Google plans to take a position about $9.5 billion in U.S. places of work and knowledge facilities this 12 months, up from $7 billion in 2021, because it opens new branches and expands current amenities.

Alphabet Inc.’s Google stated Wednesday that the funding in additional than a dozen states will create not less than 12,000 new full-time jobs by the tip of the 12 months. The search-engine big plans to open a brand new workplace in Atlanta, enhance its presence in New York, construct out its campus in Boulder, Colo., and put money into knowledge facilities throughout the nation, it stated.

“It might sound counterintuitive to step up our funding in bodily places of work at the same time as we embrace extra flexibility in how we work,” Alphabet and Google Chief Executive Sundar Pichai wrote in a blog post. “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.”

Over the previous 5 years, Google has invested greater than $37 billion in places of work and knowledge facilities in 26 states, it stated.

In March 2021, Google introduced plans to spend $7 billion throughout the 12 months to develop its footprint of U.S. places of work and knowledge facilities, together with pouring $1 billion into its dwelling state of California.

Last 12 months, the corporate stated it was shopping for a Manhattan workplace constructing for $2.1 billion. The deal for the brand new constructing on Manhattan’s West Side was the costliest sale of a single U.S. workplace constructing for the reason that begin of the pandemic.

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