Wednesday, January 26, 2022
More

    Latest Posts

    Google doubles office and buys London site for $ 1 billion

    London — Google plans to spend $ 1 billion to buy office space already in use in central London, and believes office work remains important to tech giants.

    Buying a site called Central St. Giles near the British Museum

    alphabet Ltd

    GOOG -1.78%

    The unit is building a large, independent UK headquarters next to King’s Cross Station in London, about a mile and a half away.

    In a blog post on Friday, Google’s Vice President of the United Kingdom and Ireland, Ronan Harris, said the acquisition “represents our continued confidence in the office as a place of face-to-face collaboration and connection.” I am saying. Google said it plans to refurbish the office it just purchased to add an outdoor covered work area and a “team pod” that describes it as a flexible space that can be reconfigured for personal or collaborative work. ..

    Like many companies, Google is coordinating telecommuting policies throughout the pandemic. But it also reiterates its expectation that the office will continue to be a central part of working for the company.Earlier last year it said it would use Expand your office footprint for $ 7 billion Data centers across the United States will also include a $ 1 billion investment in their home state of California.

    Google said it will wait until later this year to decide when the latest office reinstatement plan will come into effect.


    Photo:

    Jason Alden / Bloomberg News

    Last year, Alphabet CEO Sundar Pichai said Google Move to Hybrid Work Week Employees work in the office three days a week. “The future of work is flexible,” he said at the time. Later, US employees had to return to the office on January 10, but postponed these plans last month as Omicron variants began to spread.

    The company said it would Wait till the second half of this year Determine when the latest office return plan will come into effect. In the meantime, employees voluntarily encouraged them to “keep joining the company as long as circumstances permit, stay in direct contact with colleagues, and begin to regain the muscle memory of being in the office more regularly.”

    Google said it has more than 6,400 employees in the UK and added nearly 700 last year. When the construction of the new London complex is complete, it will be able to accommodate 10,000 employees.

    Plexiglas dividers and floor decals may not be permanent, but pandemics make a lasting change in the office. Building and real estate experts share how they are returning to work and what the future office will look like. Photo: The Wall Street Journal Cesare Salerno

    Write in Stu Woo at Stu.Woo@wsj.com

    Copyright © 2022 DowJones & Company, Inc. all rights reserved. 87990cbe856818d5eddac44c7b1cdeb8

    Google doubles office and buys London site for $ 1 billion

    Source link Google doubles office and buys London site for $ 1 billion

    The post Google doubles office and buys London site for $ 1 billion appeared first on Eminetra.

    Latest Posts

    Don't Miss

    Stay in touch

    To be updated with all the latest news, offers and special announcements.