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APRIL 7, 2024
Google has actually been testing their generative AI search since last May, but we’re hearing a lot more about it now. In November, Google added more elements to their generative AI search including a gift recommendation element and virtual try-on options for clothing. Google’s generative AI search is still in a pilot phase.
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JUNE 9, 2023
What’s going on: Google has updated its remote work policies and is asking employees to return to the office, according to CNBC. However, major employers like Google believe enforcing days in the office will lead to higher productivity and collaboration for their business.
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FEBRUARY 23, 2024
Deloitte’s 2024 Technology Industry Outlook suggests that the tech industry is gearing up for a “resurgence,” with new technologies at the forefront shaping the future of work. Economists predict AI-related investments could reach $200 billion globally by 2025, led by the U.S., according to the report.
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MAY 31, 2023
What’s going on: Google is currently divesting itself of 1.4 The decision follows Google’s significant layoff announcement in January, where 12,000 employees were let go, including over 1,600 in the San Francisco Bay Area. million square feet of office space in the Silicon Valley area, according to The Real Deal.
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FEBRUARY 6, 2023
office leasing in the past decade, according to CBRE data. Why it matters: The tech industry’s diminishing need for office space may prove to be a major setback for the already weakened office market, given that its expansion has been a major contributor to overall U.S. office leasing in the past decade, according to CBRE data.
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JUNE 13, 2022
Google will settle a class-action gender discrimination lawsuit that includes 15,500 women by paying $118 million. . Along with the wage gap discrepancy, the lawsuit stated that Google purposefully keeps female employees at lower-level positions, giving them less opportunities for growth. .
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AUGUST 3, 2023
What’s going on: Google has spent over half a billion dollars to reduce its traditional office space footprint. million square feet of Bay Area office space up for sublease, according to The Real Deal. The Real Deal reports that Google has also paid out $2 billion for personnel layoffs after reducing its workforce by 12,000 employees.
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