Posted on 04/24/2023 6:13:05 PM PDT by E. Pluribus Unum
oogle’s ambitious 80-acre “Downtown West” campus project has been put on hold indefinitely as the tech giant faces its most severe cost cuts in its history, leaving San Jose’s downtown area in limbo.
CNBC reports that as Google with its most severe cost cuts in history, the internet giant’s ambitious 80-acre “Downtown West” campus project has been put on indefinite hold, leaving San Jose’s downtown area in limbo.
The construction project, which was estimated to have an economic impact of around $19 billion, has been put on hold, and there has been no communication with the contractors about when it might resume. Due to non-disclosure agreements, insiders with knowledge of the situation asked to remain anonymous. They expressed concern that the project might not reach the scope promised in the initial master plan.
According to CNBC, Google reportedly dismantled its development team for the San Jose campus. LendLease, the project’s lead developer, also fired 67 workers earlier this year, among them several senior development managers and community engagement managers. Google also took down construction updates from the project’s website.
A LendLease spokesperson stated in an emailed response that the company remains “committed in the creation of thriving mixed-use communities in the Bay Area, including the Google developments,” and still has a “significant team to aid in delivering these communities.”
Google announced in January that it would eliminate 12,000 jobs, or about 6 percent of its workforce, in response to the worst performance of tech stocks since the 2008 financial crisis. The company is in a precarious position due to its commitment to the San Jose project, as the tech sector struggles to adjust to a post-coronavirus world that seems more hybrid and less focused on large campuses.
(Excerpt) Read more at breitbart.com ...
They went all out supporting the Biden economy and they are now paying the price. Bwahahahahahahahaha
That’s ok, this is what those employee’s VOTED for
Die Goolag Die !
(worth repeating :-)
looking at a map, the complex would apparently have been centered at approximately one block south of the sharks arena (aka SAP center) (at the intersection of crandall street with south montgomery street).
https://www.kpf.com/project/downtown-west
“That’s a shame “.
Well that means it would be overwhelmed with drugged up homeless people
Plus it would kill off one of the last great steak houdrs( though that probably already happened)
If you mean Henry’s Highlife, it appears you don’t know where the project will be built
I was going to ask if he was talking about that dive steakhouse near downtown.
Apparently not. Just reading the description
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