Google to invest $9.5 billion in US offices, data centres this year

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

Reuters
File Photo: The Google app logo is seen on a smartphone in this picture illustration taken September 15, 2017. REUTERS/Dado Ruvic/Illustration/File Photo
Alphabet Inc's Google said on Wednesday it plans to invest about $9.5 billion across its US offices and data centres this year, up from $7 billion last year.

Google said the investment will create at least 12,000 full-time jobs in 2022 and 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, it added.


"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...," Google said in a statement.

Google has been trying to bring back its employees to some of its offices in the United States, the UK and Asia Pacific by mandating working from office for about three days a week, a step to end policies that let employees work remotely because of 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.
ADVERTISEMENT

Last year, Google helped provide $617 billion in economic activity for U.S. businesses, creators and developers, according to its 2021 economic impact report.
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › Tech › Tech & Internet › Google to invest $9.5 billion in US offices, data centres this year
Text Size:AAA
Success
This article has been saved

*

+