American technology giant, Google is planning to create up to 3,000 more jobs in the UK by 2020 increasing its headcount to 7000 from the current 4000. This will be its biggest development outside US for Google despite Britain’s decision to exit the European Union in June.
This move comes from Google as there is no guarantee that they are allowed to hire talent from abroad to work in their US base, Donald Trump’s presidential win has made this even unclear. Sundar Pichai said “Bringing together the best talent to solve different challenges, you need people with different mindsets from different background”. So Britain has been obvious choice for expansion to house diverse group of people from all over globe.
Consisting of three buildings altogether, the new headquarters will be based on Google’s King’s Cross campus in London. The entire campus, including two leased properties and the a new 650,000 sq. foot headquarter will then be able to house 7000 employees. This investment will cost google more than £1 billion ($1.24 billion) with construction slated to start in 2018.
Google also promised to offer face-to-face training in digital skills to people in 100 towns and cities across the UK. It said it had already trained 250,000 people in Britain.
Google is an American multinational technology company founded in 1996 by Larry Page and Sergey Brin. Together, they own about 14 percent of its shares and control 56 percent of the stockholder voting power through supervoting stock.
In August 2015, Google announced plans to reorganize its various interests as a conglomerate called Alphabet. Google is Alphabet’s leading subsidiary. Upon completion of the restructure, Sundar Pichai became CEO of Google, replacing Larry Page, who became CEO of Alphabet.
Google has been the second most valuable brand in the world for 4 consecutive years generating a revenue of approximately $75 billion in 2015.
Alphabet Inc. is an American multinational conglomerate founded on October 2, 2015, by the two founders of Google, Larry Page and Sergey Brin, with Page serving as CEO and Brin as President.With revenue of US$74.98 billion and more than 69,953 employees it is one the most valuable company in the world.
Alphabet’s portfolio encompasses several industries, including technology, life sciences, investment capital, and research. Some of its subsidiaries include Google, Calico, GV, CapitalG, Verily, X, and Google Fiber. Some of the subsidiaries of Alphabet have altered their names since leaving Google—Google Ventures becoming GV, Google Life Sciences becoming Verily and Google X becoming just X.