Google's recurring physical expansions may have gone a little too far. There's word that the search giant now plans to shrink a bit by closing offices in Denver and Dallas.
A corporate spokesperson explained the move to Philipp Lenssen by saying, "Following an operational review, we are consolidating our offices . . . as we currently have at least two offices in each of these markets. This reorganization is designed to ensure we are serving the needs of our customers, stakeholders and Googlers efficiently."
Regardless of any fallout from the development, it would be hard to blame the company for tidying up; the market hasn't been kind to its stock in recent months. Making the situation even better in a HR sense, though, is the fact that Google intends to take care of the closing locations' employees.
"[A]ll affected Dallas and Denver Googlers will be offered opportunities within the company," the spokesperson confirmed. How nice.
And, although we'll have to label this "good karma" rather than "cause and effect," Google's stock happens to have risen in value by 1.89 percent today.
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Google's stock happens to
Google's stock happens to have risen in value by 1.89 percent today.