Google has announced another ambitious effort that is betting it all on America’s post-pandemic office spaces.
As the U.S. looks to begin its road to recovery post-pandemic, Google has shared that it wishes to help lead those recovery efforts by offering a $7 billion investment plan that aims to back office spaces and data centers across the country as well as generate 10,000 new full-time jobs at the company, a blog post reports.
This multi-billion dollar plan also includes investing in communities that are new to Google and expanding in others across 19 U.S. states, most notably its California headquarters which will receive a over $1 billion in investments.
“Coming together in person to collaborate and build community is core to Google’s culture, and it will be an important part of our future. So we continue to make significant investments in our offices around the country, as well as our home state of California, where we will be investing over $1 billion this year,” Sundar Pichai — CEO of Google and Alphabet — shared in his blog post.
According to CNBC, Google parent company Alphabet put its real estate spending on pause last year as a result of the pandemic. Now Google is focusing on making up for $5.61 billion of its total $13.06 billion revenue last year with its sights set on profitability.
In its latest announcement, the tech titan shares that 2020 was its largest year ever for hiring Black and Latinx employees in the U.S., and it hopes to continue this elevated growth by bringing more jobs and investments to diverse communities to uphold its previously announced racial equity commitments.
In addition to Google’s expansion plans for its offices, the company also shares that it is investing in data center expansions — which power our Google searches, emails, photos and maps — across Nebraska, South Carolina, Virginia, Nevada and Texas while also ensuring its existing sites are fully up and running this year.
Support for data centers is crucial, according to Google, as they’re embedded in the fabric of local communities that provide opportunities for supply chain partners and small businesses as well as additional support for distance learning in South Carolina and Nevada.
Google strives to increase its economic impact by offering a plethora of products and services that will ultimately boost economic recovery.
Google’s 2021 investments will reportedly span across the south, east, midwest, west, and central parts of America.
For more information about Google’s $7 billion investment plan, click here.