Google says it doubles in the office.
The Alphabet Inc. GOOG,
Unit said it would invest $ 7 billion this year in expanding its footprint of offices and data centers across the United States, including pouring $ 1 billion into its home state of California. The search engine giant said it would hire at least 10,000 new full-time employees throughout the year in anticipation of a post-pandemic recovery in the U.S.
The spending commitment follows the slowdown in Google’s investment about a year ago, as the magnitude of the Covid-19 crisis began to take shape. Last April, Alphabet and Google CEO Sundar Pichai told staff in a note that Google would slow recruitment amid the pandemic.
Like other large technology companies, Google has thrived over the past year, benefiting from an accelerated shift in spending on online advertising. Despite this growth, U.S. investment projected for 2021 is below pre-pandemic levels; invested an annual average of $ 11 billion in 2018 and 2019.
An expanded version of this article appears on WSJ.com
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