Investment plan

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

Alphabet Inc’s Google said Wednesday it 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.

Google said the investment will create at least 12,000 full-time jobs in 2022 and will focus on data centers in several states, including Nevada, Nebraska and Virginia.

The company will open a new office in Atlanta this year and expand its data center in Storey County, Nevada, he added.

“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. ..”, Google said in a statement.

Google has tried to bring its employees back to some of its offices in the US, UK and Asia-Pacific by mandating remote work for around three days a week, a step to end policies that allow employees to work remotely due to Covid-19 concerns.

Google will continue to invest in offices in its home state of California and support affordable housing initiatives in the Bay Area as part of its $1 billion housing commitment.

Last year, Google helped deliver $617 billion in economic activity to American businesses, creators and developers, according to its 2021 Economic Impact Report.

Additionally, the Android app economy helped create nearly two million jobs last year, and YouTube’s creative ecosystem supported 394,000 jobs in 2020.

Google’s offices and data centers provide vital anchors to our local communities and help us contribute to their economies, said Sundar Pichai, CEO of Alphabet.

In the United States, over the past five years, we have invested more than $37 billion in our offices and data centers in 26 states, creating more than 40,000 full-time jobs, he said, adding that’s on top of the more than $40 billion in research and development they’ve invested in the United States in 2020 and 2021.

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