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Google doubles down on office space despite the rise in remote work

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Thursday, Google (GOOG) he said he plans to invest more than $ 7 billion in offices and data centers in the United States and create at least 10,000 additional full-time jobs this year.
“Gathering in person to collaborate and build community is at the core of Google’s culture and will be an important part of our future,” CEO Sundar Pichai told blog post. “Therefore, we continue to make significant investments in our offices across the country.”

Google said it will invest more than $ 1 billion this year in its home state of California. The company also plans to expand its other offices, including the incorporation of thousands of roles in Atlanta, Washington, DC, Chicago and New York.

Google plans to invest $ 250 million in New York City this year and will increase its workforce in the city to 14,000 in the coming years, above the current 11,000, Mayor Bill de Blasio announced Thursday.
The largest companies in Silicon Valley were among the first businesses to tell its employees to work remotely as the coronavirus began to spread in the United States. Now, some of these companies are among the most aggressive when it comes to expanding their office footprint.
Last year, Facebook dit would buy a previously unused corporate headquarters from outside retailer REI, although it plans to move more of its employees to work from home in the coming years. Facebook CEO Mark Zuckerberg has it dit that I could see half of Facebook employees working permanently remotely in the next five or ten years.
Amazon announced it plans to hire 3,500 more workers in several U.S. cities last fall. He said it will expand offices in New York, Dallas, Detroit, Denver, Phoenix and San Diego, resulting in more than 905,000 square feet of additional office space.

Many technology companies have thrived during the pandemic and added thousands of workers at a time when other companies are being laid off or even closing. These tech giants can also afford to be more opportunistic when it comes to taking on commercial real estate, regardless of whether they have long-term plans to move to a more remote job in the future.

Unlike some startups and smaller tech companies that have promised permanent remote work options, Big Tech has spent billions on elaborate offices over the years and may be more reluctant to quit work in person after the pandemic ends.

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