November 22, 2024 20:31 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Chhattisgarh: 10 Maoists killed during encounter with security forces in Sukma | Baba Siddique murder case: Arrested Akashdeep Gill used a labourer's hotspot to evade tracking, say police | Donald Trump picks 'smart and tough' Pam Bondi as new US Attorney General after Matt Gaetz withdraws | Canadian government denies media report that claims PM Modi knew of Khalistani leader Nijjar's killing | PM Modi bestowed Dominica's highest award at India-CARICOM Summit
Internet giant Google plans to spend USD 2.1 bn on NYC office building
Google
Image Cr: https://stjohnsterminal.nyc/

Internet giant Google plans to spend USD 2.1 bn on NYC office building

| @indiablooms | 22 Sep 2021, 07:25 pm

New York/IBNS: The Alphabet Inc-owned internet giant Google has set sights on buying an office building for USD  2.1 Billion, showing positive signs of bringing employees under the pre-covid style of work.

The strategic decision meant to display faith in the New Yorkers also indicates strong support for an in-office culture that has been sustained without an alternative for long until the work from home culture was accepted in the hour of need.

The deal for purchasing the St John's Terminal business centre on Manhattan's west side is earmarked as the most expensive sale of an office building, Real Capital Analytics said.

Image Source: Unsplash

Google is currently renting St. John's Terminal, which previously used to be a freight transfer facility, and will be opening it in mid-2023 after renovations.

As an act of deepening commitment to New York, Google said in the coming years it was planning to add 2,000 personnel to its existing pool of 12,000  employees.

Google is planning to invest over $250 million this year into its New York campus presence, which will aid the company's aim of meeting its racial equity commitments and in the growth of the company's workforce in diverse communities like New York, the company's Chief Financial Officer Ruth Porat said.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.