The Central St Giles building in London. DavorLovincic | iStock Unreleased | Getty Images Google has bought a colorful office space in London for $1 billion while it waits for building work on its heavily-delayed U.K. headquarters to be completed. The internet giant announced Friday that it has acquired all of the Central St. Giles building, where it already occupies a number of floors, in London’s West End. “Our investment in this striking Renzo Piano-designed development represents our… Source link
Read More »Google shows faith in office with $1 billion London deal
The logo for Google LLC is seen at the Google Store Chelsea in Manhattan, New York City, U.S., November 17, 2021. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com Register LONDON, Jan 14 (Reuters) – Tech giant Google has spent $1 billion to buy a central London building where it is currently a tenant, showing its confidence in the future of the office as a place to work, the company said on Friday. Google, which employs 6,400 people in Britain, plans a multi-million… Source link
Read More »Yahoo workers in Japan told they can work anywhere in the country rather than return to the office
Yahoo workers in Japan have been told that they can work from anywhere in the country rather than return to the office – and commute by plane when necessary. Around 8,000 employees will benefit from the change, which takes effect on April 1, the company said in a statement on Wednesday. More than 90 per cent of employees are already working remotely and Yahoo President Kentaro Kawabe said their performance has held or improved at home, Japan Times reported. The new flexible working policy… Source link
Read More »German cartel office steps up examination of Google products
BERLIN, Jan 5 (Reuters) – Germany’s cartel office said it was examining Google’s use of personal data and its Google News Showcase product under its new powers to regulate internet companies, and was also considering cases involving Amazon, Apple and Facebook owner Meta. The regulator said on Wednesday it had determined that Google’s owner Alphabet met the scale threshold required for a company to be subject to new extended supervisory powers to regulate large internet companies that it… Source link
Read More »Theatre-only shift ‘speaks volumes’ for box office as studios abandon hybrid streaming model
In 2021, the movie industry deployed multiple experiments to combat the pandemic, primarily through hybrid streaming releases. But it looks like 2022 will be a year of back to basics for studios, even as the Omicron variant rears its head. The at-home vs. theatrical fight first made waves at the end of 2020, after Warner Bros. (T) announced that all of its 2021 films will have a day-and-date release on HBO Max, in addition to a cinematic rollout. The studio kept that promise throughout the… Source link
Read More »Uber, Google, Ford Delay Office Return as Omicron’s Spread Threatens Business Districts
Office-building owners and small businesses near such properties are bracing for another letdown in January, as the latest Covid-19 variant threatens to interfere with widespread company plans to return to the workplace. Before the Omicron variant surfaced overseas last month, employers throughout the U.S. were preparing to call back employees to the office after the holidays. Now, a small but rising number of companies have modified or delayed plans as uncertainties swirl over the severity… Source link
Read More »Google Promises Employees $1600 Cash Bonus After Office Return Delayed
Google is offering employees around the world a fresh $1,600 cash bonus. The move comes shortly after the firm pushed its return-to-office plans back further into 2022. An internal survey found employee wellbeing was on the decline earlier this year. … Source link
Read More »Google and Uber delay office returns amid omicron uncertainty – The Washington Post
For companies whose employees are still toiling from their couches at home, the question of when to bring their full workforces back to the office has become even trickier. In a pandemic when many decisions have hinged on risk tolerance, the coronavirus’s new omicron variant has complicated the process of calculating those hazards. Major corporations that had planned to shepherd all their employees back into offices in early 2022 now have to decide whether those dates make sense in light of… Source link
Read More »Google real estate exec says 5% more workers coming in to office each week
A sign is pictured outside a Google office near the company’s headquarters in Mountain View, California, U.S., May 8, 2019. REUTERS/Paresh Dave//File Photo/File Photo Register now for FREE unlimited access to reuters.com Register SAN FRANCISCO, Dec 3 (Reuters) – Alphabet Inc’s (GOOGL.O) Google has seen an increasing number of employees coming in to its offices each week, particularly younger workers, the company’s real estate chief said during an interview at the Reuters Next conference on… Source link
Read More »Google will wait until the new year to make more return to office plans
Google is reconsidering its return-to-office plans again, saying that its US employees won’t have to adopt a hybrid work model come January 10th, as was previously indicated. A Google spokesperson told The Verge that the company’s current plan is to hold off on coming up with new plans until next year, with decisions regarding timelines still being left up to local offices. The company has changed its return to work plans several times as the pandemic evolved. In August, when the… Source link
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