Investment plan

Sundar Pichai outlines Google’s investment plan to create up to 12,000 jobs Check Details

New Delhi: Alphabet and Google CEO Sundar Pichai revealed the company’s investment plans and said it was looking to create up to 12,000 jobs. Pichai said Wednesday that the company plans to invest about $9.5 billion in its offices and data centers in the United States this year, up from $7 billion last year. The investment will create thousands of full-time jobs and several hundred more with local suppliers, partners and communities.

“It may seem counterintuitive to increase our investments in physical offices even as we embrace greater flexibility in the way we work. Yet we believe it is more important than ever to invest in our campuses. ..”, the company said in a statement.

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Google helped deliver $617 billion in economic activity to millions of American businesses, nonprofits, creators, developers, and publishers in 2021, according to the company’s CEO. Over the past five years, Google has invested more than $37 billion in its offices and data centers in 26 US states, creating more than 40,000 full-time jobs.

Pichai also mentioned that while it may seem counter-intuitive to increase investment in physical offices even as the world embraces greater flexibility in the way we work. “Yet we believe it is more important than ever to invest in our campuses and that this will improve products, improve the quality of life of our employees and strengthen communities,” added the CEO. from Google.

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At the same time, investments in data centers “will continue to power the digital tools and services that help people and businesses thrive.” “As we strive to run our offices and data centers with carbon-free energy 24/7 by 2030, we aim to set new standards for green building design.”

In California, Google will continue to invest in office space and support affordable housing initiatives in the Bay Area as part of its $1 billion housing commitment. Additionally, the Android app economy helped create nearly two million jobs last year, and YouTube’s creative ecosystem supported 394,000 jobs in 2020.