Google refuses to rent Dublin office for 2000 workers

Google

Alphabet Inc’s Google has abandoned plans to rent space in Dublin for as many as 2000 workers, a move analyst have described as green light on work from home culture.

Google was said to be close to taking 202,000 sq ft (18,766sq m) of space at the Sorting Office building close the quays to add to its stable of properties in the capital where it employs over 8,000 people.

“After much deliberation, Google has decided not to proceed,” a company spokeswoman said in an email response to questions from Bloomberg.

Meanwhile, Google didn’t confirm why it chose not to go ahead with the deal for the building but analyst ascribed the move as one in favour of work from home culture.

Google’s decision presumably likely reflect “longer lasting implications of more staff potentially working from home well beyond Covid,” said Eamonn Hughes and Barry Egan, analysts at Goodbody Stockbrokers, wrote in a note on Tuesday.“We believe the developments on the real estate side are worth watching and, in some respects, already reflect changes in evidence at the Irish banks in the first half,” the analysts wrote.

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