Google To Invest $9.5 Billion Across Data Centres And Offices, Create 12,000 Jobs
Alphabet and Google CEO Sundar Pichai has revealed the company's investment plans and said that it is looking to create as many as 12,000 jobs.
New Delhi: Alphabet and Google CEO Sundar Pichai has revealed the company's investment plans and said that it is looking to create as many as 12,000 jobs. Pichai on Wednesday said that the company plans to invest about $9.5 billion across its US offices and data centres this year, up from $7 billion last year. The investment will create thousands of full-time jobs and several hundred more among local suppliers, partners and communities.
"It might seem counterintuitive to step up our investment in physical offices even as we embrace more flexibility in how we work. Yet we believe it's more important than ever to invest in our campuses…," the company said in a statement.
Read more: Apple Watch Not Getting Blood Pressure Detection Feature Soon. Here's Why
According to the company CEO, Google helped provide $617 billion in economic activity for millions of American businesses, nonprofits, creators, developers and publishers in 2021. In the past five years, Google has invested more than $37 billion in its offices and data centres in 26 US states, creating over 40,000 full-time jobs.
Pichai also mentioned that while it might seem counterintuitive to step up investment in physical offices even as the world embraces more flexibility in how we work. "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," the Google CEO added.
Also read: Xiaomi's Former India Head Manu Jain Summoned By ED: Report
At the same time, the investments in data centres "will continue to power the digital tools and services that help people and businesses thrive". "As we work towards running our offices and data centres on carbon-free energy 24/7 by 2030, we're aiming to set new standards for green building design".
In California, Google will continue to invest in offices 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.
Top Headlines
