Home » Google to create 'at least' 12,000 jobs as it boosts investment in U.S. offices, data centers – MarketWatch

Google to create 'at least' 12,000 jobs as it boosts investment in U.S. offices, data centers – MarketWatch

by Arifa Rana

Alphabet Inc.’s GOOGL, -2.44% GOOG, -2.33% Google said Wednesday that it expects to create at least 12,000 new full-time jobs by the end of 2022, as part of its plan to invest about $9.5 billion in its U.S. officer and data centers. The internet search giant expects the plan to also create thousands of more jobs for 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,” said Alphabet and Google Chief Executive Sundar Pichai. “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 company said it’s opening a new Atlanta office this year, and said it will continue to support affordable housing in the Bay Area as part of its $1 billion housing commitment. Alphabet’s more-active Class A shares rose 0.8% in premarket trading. They have dropped 11.8% year to date through Tuesday, while the S&P 500 SPX, -1.21% fell 7.7%.
Elon Musk submitted a bid to buy Twitter for $43 billion on Thursday.
Tomi Kilgore is MarketWatch’s deputy investing and corporate news editor and is based in New York. You can follow him on Twitter @TomiKilgore.

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