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Google Break on Big Project: Just a few months back, Google’s parent company Alphabet announced the reduction of 12,000 employees. This deduction is at the global level. The company had announced the reduction due to the fear of economic recession at the global level and many other reasons. At the same time, Google has stopped the project of building a big campus to rein in the costs. CABC reported in its report on Friday that Google has put a brake on campus work in the Silicon Valley city of San Jose.
Google’s parent company has recorded less revenue and profit than expected during the last three months of last year. This reduction has reduced the advertising business due to the fear of global recession and tough economic times. However, next week Google is going to release the latest quarterly earnings figures.
The construction of the campus was approved
According to CNBC, a site in San Jose was approved for the Google “Downtown West” campus, with construction set to begin by the end of this year. The report said that the project was already stopped, but no one was sent back. It was expected that it could be started anytime.
What things were going to be built in the campus
An approved plan for the 80-acre (32 ha) campus includes an office, housing and a public park, according to CNBC. Apart from this, there is a preparation to add facilities for going to school and work, online facilities for entertainment, arrangements to deal with the corono virus epidemic, etc.
ChatGPT increased Google’s tension
Google is under tremendous pressure due to the arrival of Microsoft’s ChatGPT. It provides vast and complete information in no time. In such a situation, Google is bringing its own AI chatbot to deal with it.
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